OPTZ vs. FYEE ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Fidelity Yield Enhanced Equity ETF (FYEE)

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

FYEE

Fidelity Yield Enhanced Equity ETF

FYEE Description

FYEE is actively managed, investing in equities similar to the S&P 500 and Russell 1000. The fund sells call options for income generation, emphasizing current income and potential capital growth.

Grade (RS Rating)

Last Trade

$27.41

Average Daily Volume

2,331

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	FYEE
30 Days	8.47%	3.53%
60 Days	9.68%	5.30%
90 Days	11.36%	7.07%
12 Months

55 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in FYEE	Overlap
AAPL	C	1.06%	7.39%	1.06%
ADBE	C	0.11%	0.94%	0.11%
AMAT	F	1.0%	0.68%	0.68%
AMT	D	0.07%	0.21%	0.07%
AMZN	C	0.38%	3.85%	0.38%
ANET	C	1.24%	0.07%	0.07%
ANF	C	0.36%	0.36%	0.36%
AXP	A	0.24%	0.44%	0.24%
CAH	B	0.14%	0.32%	0.14%
CAT	B	0.14%	0.53%	0.14%
CINF	A	0.23%	0.07%	0.07%
CL	D	0.25%	0.55%	0.25%
CMCSA	B	0.64%	0.85%	0.64%
CME	A	0.2%	0.44%	0.2%
COST	B	0.29%	0.31%	0.29%
CRM	B	1.37%	1.17%	1.17%
CRUS	D	0.8%	0.07%	0.07%
CVNA	B	0.55%	0.53%	0.53%
CVS	D	0.26%	0.23%	0.23%
DIS	B	0.77%	0.72%	0.72%
DOCU	A	0.16%	0.09%	0.09%
ECL	D	0.15%	0.64%	0.15%
GL	B	0.21%	0.13%	0.13%
GRMN	B	0.37%	0.4%	0.37%
IDXX	F	0.11%	0.15%	0.11%
INCY	C	0.16%	0.34%	0.16%
LNW	D	0.28%	0.16%	0.16%
META	D	0.65%	2.9%	0.65%
MSCI	C	0.21%	0.26%	0.21%
MSI	B	1.18%	0.43%	0.43%
NBIX	C	0.13%	0.07%	0.07%
NFLX	A	0.73%	1.29%	0.73%
NOW	A	1.27%	0.49%	0.49%
NRG	B	0.06%	0.09%	0.06%
NVDA	C	1.44%	7.38%	1.44%
PCAR	B	0.15%	0.38%	0.15%
PEP	F	0.26%	0.19%	0.19%
PGR	A	0.21%	0.68%	0.21%
RSG	A	0.12%	0.23%	0.12%
SKYW	B	0.18%	0.31%	0.18%
SPG	B	0.1%	0.44%	0.1%
SPGI	C	0.2%	0.22%	0.2%
SQ	B	0.27%	0.6%	0.27%
SYK	C	0.14%	0.24%	0.14%
T	A	0.64%	0.72%	0.64%
TMO	F	0.11%	0.38%	0.11%
TMUS	B	0.72%	0.29%	0.29%
TROW	B	0.24%	0.28%	0.24%
TRV	B	0.22%	0.26%	0.22%
TSLA	B	0.49%	1.28%	0.49%
TT	A	0.15%	0.68%	0.15%
UNH	C	0.13%	0.59%	0.13%
UTHR	C	0.14%	0.05%	0.05%
V	A	0.22%	0.65%	0.22%
ZM	B	0.71%	0.53%	0.53%

OPTZ Overweight 266 Positions Relative to FYEE

Symbol	Grade	Weight
APP	B	2.03%
CRWD	B	1.37%
TTMI	B	1.36%
INTC	D	1.31%
DELL	C	1.29%
GDDY	A	1.27%
FFIV	B	1.25%
QLYS	C	1.22%
CDNS	B	1.21%
BHE	B	1.2%
ITRI	B	1.19%
SNPS	B	1.16%
WIX	B	1.15%
INFN	C	1.11%
VZIO	A	1.04%
AMD	F	1.03%
VRSN	F	1.03%
BAH	F	1.02%
IBM	C	1.02%
ROP	B	1.0%
FSLR	F	0.96%
DJT	C	0.93%
LUMN	C	0.83%
IDCC	A	0.78%
ACLS	F	0.78%
RNG	B	0.72%
EA	A	0.66%
EAT	A	0.55%
AMC	C	0.54%
NPAB	B	0.52%
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%
LVS	C	0.38%
WHR	B	0.37%
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%
LC	A	0.28%
LEA	D	0.28%
TGT	F	0.28%
DOLE	D	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%
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%
ARES	A	0.24%
CROX	D	0.24%
BLK	C	0.24%
BHF	B	0.24%
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%
NATL	B	0.21%
AXON	A	0.21%
VRT	B	0.21%
AER	B	0.21%
BFH	B	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%
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%
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%
VERA	B	0.16%
GNRC	B	0.16%
HON	B	0.15%
HUBB	B	0.15%
ESTC	C	0.15%
GFF	A	0.15%
ISRG	A	0.15%
ETN	A	0.15%
PEGA	A	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%
LIVN	F	0.14%
AKRO	B	0.14%
REVG	B	0.14%
LIN	D	0.14%
DVA	B	0.14%
WDAY	B	0.13%
BV	B	0.13%
VRSK	A	0.13%
ALGN	D	0.13%
FDX	B	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%
MANH	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%
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%
UHS	D	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%
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%
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%
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 98 Positions Relative to FYEE

Symbol	Grade	Weight
MSFT	F	-5.69%
BRK.A	B	-2.2%
GOOGL	C	-2.05%
JPM	A	-1.95%
GOOG	C	-1.9%
AVGO	D	-1.66%
XOM	B	-1.57%
MA	C	-1.36%
HD	A	-1.33%
BAC	A	-1.19%
MRK	F	-0.96%
PM	B	-0.95%
ABBV	D	-0.93%
QCOM	F	-0.85%
NEE	D	-0.83%
WMT	A	-0.82%
CSCO	B	-0.81%
PG	A	-0.81%
SCHW	B	-0.79%
LLY	F	-0.77%
BMY	B	-0.75%
GILD	C	-0.75%
UNP	C	-0.75%
JNJ	D	-0.73%
PYPL	B	-0.72%
LMT	D	-0.72%
C	A	-0.72%
TJX	A	-0.72%
CTAS	B	-0.66%
ABT	B	-0.64%
CI	F	-0.63%
KLAC	D	-0.61%
NOC	D	-0.6%
BDX	F	-0.59%
SEIC	B	-0.55%
DVN	F	-0.53%
MMC	B	-0.53%
ZBRA	B	-0.52%
DBX	B	-0.52%
TXT	D	-0.51%
MU	D	-0.5%
EOG	A	-0.49%
CSX	B	-0.49%
GE	D	-0.48%
CMG	B	-0.48%
IGT	F	-0.46%
EXEL	B	-0.44%
WM	A	-0.43%
PFE	D	-0.42%
HWM	A	-0.39%
ALLE	D	-0.38%
NUE	C	-0.36%
PPG	F	-0.35%
TDC	D	-0.35%
ALRM	C	-0.34%
F	C	-0.33%
LDOS	C	-0.31%
WFC	A	-0.29%
MEDP	D	-0.29%
RTX	C	-0.28%
ADP	B	-0.26%
AMGN	D	-0.25%
MGM	D	-0.24%
LRCX	F	-0.24%
UBER	D	-0.23%
LHX	C	-0.21%
GAP	C	-0.21%
BIIB	F	-0.21%
FTNT	C	-0.2%
SSNC	B	-0.19%
TPH	D	-0.19%
MMM	D	-0.19%
PSA	D	-0.18%
BBWI	D	-0.17%
CACI	D	-0.17%
OXY	D	-0.15%
ITW	B	-0.15%
CLX	B	-0.14%
BK	A	-0.13%
UNM	A	-0.13%
GEN	B	-0.13%
AON	A	-0.13%
LPLA	A	-0.12%
INTU	C	-0.12%
KR	B	-0.12%
PLTK	B	-0.12%
NSC	B	-0.11%
DASH	A	-0.11%
ED	D	-0.1%
AME	A	-0.09%
TWLO	A	-0.09%
LYFT	C	-0.08%
QRVO	F	-0.06%
ORCL	B	-0.04%
TNL	A	-0.04%
VEEV	C	-0.04%
TOL	B	-0.02%
CVX	A	-0.02%