OPTZ vs. NZAC ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)

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

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$37.11

Average Daily Volume

6,775

Number of Holdings ^*

369

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	NZAC
30 Days	2.56%	-1.17%
60 Days	6.52%	0.77%
90 Days	8.53%	2.65%
12 Months		25.50%

120 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in NZAC	Overlap
AAPL	C	1.04%	4.41%	1.04%
ACGL	D	0.18%	0.12%	0.12%
ADBE	D	0.11%	0.34%	0.11%
AIZ	A	0.21%	0.08%	0.08%
ALGN	D	0.12%	0.02%	0.02%
ALL	A	0.21%	0.13%	0.13%
AMAT	F	1.1%	0.13%	0.13%
AMD	F	1.1%	0.29%	0.29%
AMP	A	0.24%	0.15%	0.15%
AMT	D	0.07%	0.1%	0.07%
AMZN	B	0.38%	2.4%	0.38%
ANET	C	1.29%	0.07%	0.07%
APO	A	0.29%	0.17%	0.17%
AXON	A	0.21%	0.05%	0.05%
AXP	B	0.23%	0.35%	0.23%
BAH	D	1.22%	0.03%	0.03%
BAX	F	0.12%	0.02%	0.02%
BR	B	0.21%	0.08%	0.08%
BRO	B	0.21%	0.05%	0.05%
BURL	A	0.32%	0.03%	0.03%
CB	C	0.18%	0.22%	0.18%
CBOE	C	0.18%	0.03%	0.03%
CBRE	B	0.11%	0.18%	0.11%
CEG	C	0.07%	0.04%	0.04%
CHD	A	0.28%	0.09%	0.09%
CINF	A	0.22%	0.06%	0.06%
CMCSA	B	0.63%	0.25%	0.25%
CME	A	0.19%	0.12%	0.12%
COIN	A	0.36%	0.03%	0.03%
CPAY	A	0.23%	0.04%	0.04%
CRM	B	1.32%	0.39%	0.39%
CRWD	B	1.3%	0.02%	0.02%
DGX	A	0.14%	0.02%	0.02%
DIS	B	0.64%	0.24%	0.24%
DLR	A	0.11%	0.38%	0.11%
DOCU	B	0.16%	0.01%	0.01%
EA	A	0.63%	0.01%	0.01%
ECL	D	0.14%	0.06%	0.06%
EFX	F	0.11%	0.03%	0.03%
EIX	C	0.04%	0.77%	0.04%
EQIX	A	0.1%	0.32%	0.1%
ETN	B	0.15%	0.28%	0.15%
FFIV	B	1.23%	0.18%	0.18%
FI	A	0.24%	0.17%	0.17%
FSLR	F	0.95%	0.16%	0.16%
GDDY	A	1.2%	0.03%	0.03%
GPN	C	0.2%	0.04%	0.04%
GRMN	B	0.37%	0.08%	0.08%
GS	B	0.24%	0.06%	0.06%
HIG	B	0.19%	0.12%	0.12%
IBM	C	1.04%	0.61%	0.61%
ICE	C	0.19%	0.12%	0.12%
IDXX	F	0.11%	0.06%	0.06%
INCY	C	0.18%	0.01%	0.01%
INTC	C	1.37%	0.19%	0.19%
IQV	F	0.12%	0.11%	0.11%
ISRG	A	0.15%	0.3%	0.15%
KKR	A	0.25%	0.13%	0.13%
LIN	D	0.14%	0.08%	0.08%
LOW	C	0.34%	0.24%	0.24%
LULU	C	0.36%	0.08%	0.08%
MAR	B	0.38%	0.02%	0.02%
MCD	D	0.32%	0.35%	0.32%
MCO	D	0.2%	0.21%	0.2%
MELI	D	0.26%	0.13%	0.13%
META	C	0.67%	1.69%	0.67%
MKTX	D	0.2%	0.01%	0.01%
MOH	F	0.13%	0.02%	0.02%
MSI	B	1.18%	0.25%	0.25%
NBIX	C	0.14%	0.01%	0.01%
NFLX	A	0.68%	0.46%	0.46%
NOW	B	1.24%	0.38%	0.38%
NVDA	A	1.46%	4.78%	1.46%
ORLY	B	0.34%	0.18%	0.18%
PAYC	B	0.18%	0.01%	0.01%
PCAR	C	0.15%	0.06%	0.06%
PGR	B	0.21%	0.21%	0.21%
PH	B	0.15%	0.25%	0.15%
PNR	B	0.15%	0.22%	0.15%
PODD	B	0.15%	0.02%	0.02%
PRU	B	0.21%	0.14%	0.14%
PWR	A	0.16%	0.23%	0.16%
ROP	C	1.01%	0.02%	0.02%
ROST	D	0.28%	0.09%	0.09%
RPRX	F	0.12%	0.02%	0.02%
SBAC	D	0.08%	0.03%	0.03%
SHW	C	0.16%	0.56%	0.16%
SPG	A	0.1%	0.15%	0.1%
SPGI	D	0.19%	0.37%	0.19%
SQ	A	0.23%	0.01%	0.01%
SQ	A	0.23%	0.02%	0.02%
STE	D	0.12%	0.02%	0.02%
STZ	D	0.26%	0.03%	0.03%
SYK	A	0.14%	0.23%	0.14%
T	A	0.61%	0.17%	0.17%
TGT	B	0.27%	0.02%	0.02%
TMO	F	0.12%	0.34%	0.12%
TMUS	B	0.7%	0.13%	0.13%
TROW	B	0.23%	0.05%	0.05%
TRV	A	0.22%	0.15%	0.15%
TSLA	A	0.48%	1.19%	0.48%
TT	A	0.15%	0.02%	0.02%
ULTA	F	0.31%	0.05%	0.05%
UNH	C	0.13%	0.77%	0.13%
URI	B	0.15%	0.05%	0.05%
V	A	0.22%	0.72%	0.22%
VMC	B	0.18%	0.02%	0.02%
VRSK	B	0.13%	0.04%	0.04%
VRSN	F	1.02%	0.01%	0.01%
VRT	A	0.21%	0.02%	0.02%
VRTX	D	0.14%	0.15%	0.14%
WAB	B	0.15%	0.08%	0.08%
WDAY	C	0.12%	0.02%	0.02%
WELL	A	0.1%	0.15%	0.1%
WST	D	0.14%	0.02%	0.02%
WTW	B	0.21%	0.07%	0.07%
WYNN	D	0.33%	0.01%	0.01%
XYL	D	0.12%	0.36%	0.12%
ZBH	C	0.13%	0.04%	0.04%
ZM	B	0.69%	0.02%	0.02%

OPTZ Overweight 201 Positions Relative to NZAC

Symbol	Grade	Weight
APP	A	1.97%
TTMI	B	1.43%
BHE	B	1.29%
DELL	B	1.28%
QLYS	C	1.26%
ITRI	B	1.24%
CDNS	B	1.22%
SNPS	C	1.21%
WIX	A	1.08%
INFN	D	1.08%
DJT	C	1.03%
VZIO	A	1.02%
LUMN	C	0.9%
ACLS	F	0.88%
CRUS	F	0.8%
IDCC	B	0.76%
RNG	C	0.74%
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%
SIG	C	0.38%
DECK	A	0.38%
DPZ	C	0.35%
WHR	B	0.35%
PCT	C	0.35%
BZH	C	0.34%
PVH	C	0.34%
ANF	C	0.34%
FIVE	F	0.33%
CHDN	C	0.33%
SBH	B	0.33%
ALV	C	0.32%
YETI	D	0.31%
ETSY	D	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%
WBA	F	0.28%
GPC	F	0.28%
CVS	F	0.27%
LEA	F	0.27%
LC	B	0.27%
APTV	F	0.26%
EWTX	C	0.26%
DAN	F	0.26%
PEP	F	0.26%
AX	B	0.25%
BG	D	0.24%
CL	D	0.24%
CAL	F	0.24%
CROX	F	0.24%
ARES	A	0.23%
BHF	C	0.23%
COOP	B	0.22%
STRL	A	0.21%
LDI	C	0.21%
MSCI	B	0.21%
BFH	B	0.21%
PRG	C	0.21%
SIGI	B	0.21%
AER	B	0.21%
AGO	A	0.21%
LBPH	A	0.21%
CRS	A	0.2%
GL	C	0.2%
GATO	C	0.2%
RNR	C	0.2%
ZIM	A	0.19%
PMT	D	0.19%
NATL	B	0.19%
HASI	F	0.18%
LPX	B	0.18%
EME	A	0.18%
FIX	A	0.18%
DAL	A	0.18%
NAVI	F	0.18%
XPO	B	0.18%
SKYW	B	0.18%
EXP	B	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%
SAIA	C	0.16%
ETNB	D	0.16%
AIT	B	0.16%
HQY	A	0.16%
TPC	C	0.16%
JBLU	F	0.15%
BV	C	0.15%
PEGA	B	0.15%
SNDX	F	0.15%
DAWN	D	0.15%
JAZZ	C	0.15%
PEN	B	0.15%
ACHR	B	0.15%
EMN	D	0.15%
HUBB	B	0.15%
UTHR	C	0.15%
GFF	B	0.14%
HON	B	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%
LECO	C	0.14%
STGW	B	0.14%
ESTC	C	0.14%
CAT	C	0.14%
SHC	F	0.13%
DVA	C	0.13%
SAVA	C	0.13%
PHIN	B	0.13%
OSK	C	0.13%
KRYS	C	0.13%
BA	D	0.12%
AHCO	D	0.12%
AOS	F	0.12%
KURA	F	0.12%
RSG	A	0.12%
VNO	C	0.12%
COGT	D	0.12%
FDX	B	0.12%
SRPT	F	0.12%
EXPI	C	0.11%
OMI	F	0.11%
CGEM	F	0.11%
LNTH	F	0.11%
DYN	F	0.11%
UHS	D	0.11%
RHP	B	0.1%
SBRA	B	0.1%
OGN	F	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%
NVRI	F	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%
DTM	A	0.07%
TRGP	A	0.07%
BKD	F	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%
HE	C	0.04%

OPTZ Underweight 249 Positions Relative to NZAC

Symbol	Grade	Weight
MSFT	D	-4.04%
GOOG	B	-1.48%
AVGO	C	-1.2%
GOOGL	B	-1.06%
JPM	A	-1.03%
LLY	F	-0.98%
MA	B	-0.63%
JNJ	D	-0.61%
ABBV	F	-0.6%
ORCL	A	-0.59%
HD	A	-0.56%
ADI	D	-0.5%
MRK	F	-0.48%
BAC	A	-0.41%
NVS	D	-0.41%
CSCO	B	-0.4%
ABBV	F	-0.4%
ACN	C	-0.38%
BRK.A	B	-0.37%
ACM	B	-0.36%
TJX	A	-0.35%
WMT	A	-0.34%
ITW	B	-0.32%
BSX	A	-0.3%
INTU	B	-0.3%
QCOM	F	-0.28%
TXN	C	-0.28%
BABA	D	-0.26%
AFL	C	-0.26%
MS	A	-0.25%
BKNG	A	-0.23%
BMY	A	-0.23%
AMGN	D	-0.23%
WFC	A	-0.23%
MDT	D	-0.22%
GWW	B	-0.21%
PLD	D	-0.21%
UNP	D	-0.21%
GLW	B	-0.2%
VZ	C	-0.2%
DHR	D	-0.2%
ADP	B	-0.2%
MET	A	-0.2%
PFE	F	-0.2%
TD	D	-0.19%
ABT	A	-0.19%
MMC	D	-0.19%
ELV	F	-0.18%
PNC	B	-0.18%
BX	A	-0.18%
SCHW	A	-0.17%
FAST	B	-0.17%
AME	A	-0.16%
ZTS	D	-0.16%
KLAC	F	-0.16%
SONY	B	-0.16%
UBER	F	-0.16%
CDW	F	-0.15%
HPE	B	-0.15%
PANW	B	-0.14%
HDB	B	-0.14%
AIG	C	-0.14%
JNPR	D	-0.14%
DE	C	-0.14%
SBUX	A	-0.14%
MRVL	B	-0.13%
TDG	D	-0.13%
EBAY	D	-0.13%
COF	B	-0.13%
APH	B	-0.12%
LI	F	-0.12%
AVB	B	-0.12%
PYPL	B	-0.12%
USB	B	-0.12%
BK	B	-0.12%
AON	B	-0.11%
PSA	C	-0.11%
PPG	F	-0.11%
BDX	F	-0.11%
REGN	F	-0.11%
LRCX	F	-0.11%
NKE	F	-0.11%
INFY	D	-0.11%
WM	B	-0.1%
MU	D	-0.1%
EQH	B	-0.1%
EW	C	-0.1%
TDY	B	-0.1%
DEO	F	-0.1%
SYF	B	-0.09%
DFS	B	-0.09%
NEM	D	-0.09%
ADSK	B	-0.09%
MTB	A	-0.09%
ALLE	D	-0.09%
CSX	C	-0.09%
FTV	D	-0.09%
ESS	A	-0.09%
SHOP	B	-0.09%
AZO	C	-0.09%
YUM	D	-0.08%
RVTY	D	-0.08%
RMD	C	-0.08%
REG	A	-0.08%
KDP	D	-0.08%
MUFG	A	-0.08%
ROK	B	-0.08%
PAYX	B	-0.08%
CTSH	C	-0.08%
PDD	D	-0.08%
GIS	F	-0.08%
SCCO	F	-0.08%
RS	B	-0.08%
RF	A	-0.07%
TCOM	B	-0.07%
HUM	D	-0.07%
UPS	C	-0.07%
GILD	C	-0.07%
MTD	F	-0.07%
CCI	C	-0.07%
MKL	A	-0.07%
TRMB	B	-0.07%
EQR	C	-0.07%
AFG	A	-0.07%
BXP	D	-0.07%
WRB	B	-0.07%
KEYS	C	-0.07%
AJG	B	-0.07%
CMG	C	-0.07%
WIT	B	-0.07%
HSBH	A	-0.07%
CHTR	B	-0.07%
FTNT	B	-0.07%
TTD	B	-0.06%
VTR	B	-0.06%
PLTR	A	-0.06%
IRM	C	-0.06%
NTAP	C	-0.06%
DHI	D	-0.06%
A	F	-0.06%
LEN	D	-0.06%
ENPH	F	-0.06%
O	C	-0.06%
FIS	C	-0.06%
HOLX	D	-0.05%
HSY	F	-0.05%
ABNB	D	-0.05%
HSIC	C	-0.05%
BIDU	F	-0.04%
TER	F	-0.04%
FOXA	B	-0.04%
ALNY	D	-0.04%
NSC	B	-0.04%
CTAS	B	-0.04%
CPRT	B	-0.04%
BCS	B	-0.04%
PHM	D	-0.04%
XPEV	C	-0.04%
NDAQ	A	-0.04%
ILMN	C	-0.04%
UHAL	D	-0.04%
EXR	C	-0.04%
LYV	A	-0.04%
IEX	B	-0.04%
NTRS	A	-0.04%
XRX	F	-0.03%
VICI	C	-0.03%
CSGP	F	-0.03%
NVR	D	-0.03%
AZN	F	-0.03%
EG	D	-0.03%
VLTO	C	-0.03%
CCEP	D	-0.03%
MNST	C	-0.03%
CARR	D	-0.03%
LKQ	F	-0.03%
AVTR	F	-0.03%
FOX	A	-0.03%
VEEV	C	-0.03%
ERIE	F	-0.03%
IT	C	-0.03%
DXCM	C	-0.03%
EL	F	-0.03%
BIIB	F	-0.03%
OMC	C	-0.03%
RJF	A	-0.03%
MSTR	A	-0.02%
TEVA	D	-0.02%
CG	B	-0.02%
PINS	F	-0.02%
TW	A	-0.02%
ALLY	C	-0.02%
MRNA	F	-0.02%
ANSS	B	-0.02%
BMRN	F	-0.02%
ROL	B	-0.02%
TFX	F	-0.02%
STT	B	-0.02%
NIO	F	-0.02%
SNA	B	-0.02%
HBAN	B	-0.02%
HEI	A	-0.02%
SEIC	B	-0.02%
WAT	C	-0.02%
ZBRA	B	-0.02%
ASAI	F	-0.02%
DASH	A	-0.02%
BCH	D	-0.02%
CTLT	D	-0.02%
SNOW	C	-0.02%
DLTR	F	-0.02%
HLT	A	-0.02%
ODFL	B	-0.02%
LH	B	-0.02%
MMM	D	-0.02%
POOL	D	-0.02%
MBAVU	A	-0.01%
BBWI	C	-0.01%
MTCH	F	-0.01%
QGEN	F	-0.01%
RIVN	F	-0.01%
EXAS	D	-0.01%
SWKS	F	-0.01%
SUI	C	-0.01%
STLD	B	-0.01%
NXPI	F	-0.01%
JKHY	D	-0.01%
ALB	B	-0.01%
SMCI	F	-0.01%
C	B	-0.01%
KVUE	A	-0.01%
EPAM	C	-0.01%
CLX	A	-0.01%
TECH	F	-0.01%
MAS	D	-0.01%
FDS	B	-0.01%
MKC	D	-0.01%
BIO	C	-0.01%
DOC	D	-0.01%
SNAP	D	-0.01%
WPC	C	-0.01%
TRU	D	-0.01%
KB	B	-0.01%
LYG	C	-0.01%
IPG	F	-0.01%
Z	A	-0.01%
QFIN	B	-0.01%
WIT	B	-0.0%
NIO	F	-0.0%