OPTZ vs. PFM ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to PowerShares Dividend Achievers (PFM)

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

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	PFM
30 Days	8.47%	2.19%
60 Days	9.68%	2.87%
90 Days	11.36%	5.56%
12 Months		26.89%

81 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in PFM	Overlap
AAPL	C	1.06%	3.9%	1.06%
AES	F	0.04%	0.04%	0.04%
AGO	B	0.23%	0.02%	0.02%
AIT	A	0.16%	0.04%	0.04%
AIZ	A	0.23%	0.05%	0.05%
ALL	A	0.21%	0.23%	0.21%
AMP	A	0.25%	0.24%	0.24%
AMT	D	0.07%	0.4%	0.07%
AOS	F	0.12%	0.04%	0.04%
APD	A	0.18%	0.32%	0.18%
ASH	D	0.13%	0.02%	0.02%
ATO	A	0.06%	0.1%	0.06%
AVNT	B	0.17%	0.02%	0.02%
BAH	F	1.02%	0.08%	0.08%
BLK	C	0.24%	0.67%	0.24%
BR	A	0.22%	0.12%	0.12%
BRO	B	0.21%	0.13%	0.13%
CAH	B	0.14%	0.13%	0.13%
CAT	B	0.14%	0.81%	0.14%
CB	C	0.19%	0.5%	0.19%
CBOE	B	0.19%	0.09%	0.09%
CHD	B	0.3%	0.12%	0.12%
CHDN	B	0.32%	0.04%	0.04%
CINF	A	0.23%	0.1%	0.1%
CL	D	0.25%	0.33%	0.25%
CMCSA	B	0.64%	0.72%	0.64%
CME	A	0.2%	0.35%	0.2%
COR	B	0.14%	0.21%	0.14%
COST	B	0.29%	1.76%	0.29%
DGX	A	0.14%	0.08%	0.08%
DPZ	C	0.34%	0.07%	0.07%
DTE	C	0.05%	0.11%	0.05%
DUK	C	0.05%	0.38%	0.05%
ECL	D	0.15%	0.3%	0.15%
EGP	F	0.08%	0.04%	0.04%
EIX	B	0.05%	0.14%	0.05%
ELS	C	0.09%	0.06%	0.06%
EMN	D	0.16%	0.05%	0.05%
ETN	A	0.15%	0.62%	0.15%
FIX	A	0.18%	0.07%	0.07%
GFF	A	0.15%	0.02%	0.02%
GL	B	0.21%	0.04%	0.04%
GPC	D	0.29%	0.07%	0.07%
GS	A	0.25%	0.8%	0.25%
HIG	B	0.2%	0.15%	0.15%
HII	D	0.09%	0.03%	0.03%
HON	B	0.15%	0.64%	0.15%
HUBB	B	0.15%	0.1%	0.1%
IBM	C	1.02%	0.83%	0.83%
ICE	C	0.2%	0.39%	0.2%
LECO	B	0.14%	0.05%	0.05%
LIN	D	0.14%	0.93%	0.14%
LOW	D	0.35%	0.66%	0.35%
MCD	D	0.32%	0.9%	0.32%
MCO	B	0.2%	0.37%	0.2%
MKTX	D	0.2%	0.04%	0.04%
MSI	B	1.18%	0.35%	0.35%
OSK	B	0.13%	0.03%	0.03%
PEP	F	0.26%	0.94%	0.26%
PRU	A	0.23%	0.2%	0.2%
REXR	F	0.08%	0.04%	0.04%
RNR	C	0.2%	0.06%	0.06%
ROP	B	1.0%	0.26%	0.26%
RSG	A	0.12%	0.28%	0.12%
SHW	A	0.16%	0.41%	0.16%
SIGI	C	0.22%	0.03%	0.03%
SO	D	0.05%	0.42%	0.05%
SPGI	C	0.2%	0.68%	0.2%
STE	F	0.12%	0.09%	0.09%
SWX	B	0.05%	0.02%	0.02%
SYK	C	0.14%	0.64%	0.14%
TGT	F	0.28%	0.31%	0.28%
TROW	B	0.24%	0.11%	0.11%
TRV	B	0.22%	0.26%	0.22%
TT	A	0.15%	0.4%	0.15%
UNH	C	0.13%	2.35%	0.13%
V	A	0.22%	2.25%	0.22%
VMC	B	0.18%	0.16%	0.16%
WBA	F	0.27%	0.03%	0.03%
WST	C	0.14%	0.1%	0.1%
XYL	D	0.12%	0.13%	0.12%

OPTZ Overweight 240 Positions Relative to PFM

Symbol	Grade	Weight
APP	B	2.03%
NVDA	C	1.44%
CRWD	B	1.37%
CRM	B	1.37%
TTMI	B	1.36%
INTC	D	1.31%
DELL	C	1.29%
GDDY	A	1.27%
NOW	A	1.27%
FFIV	B	1.25%
ANET	C	1.24%
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%
AMAT	F	1.0%
FSLR	F	0.96%
DJT	C	0.93%
LUMN	C	0.83%
CRUS	D	0.8%
IDCC	A	0.78%
ACLS	F	0.78%
DIS	B	0.77%
NFLX	A	0.73%
TMUS	B	0.72%
RNG	B	0.72%
ZM	B	0.71%
EA	A	0.66%
META	D	0.65%
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%
PCT	C	0.34%
FIVE	F	0.34%
PVH	C	0.34%
ORLY	B	0.34%
ALV	C	0.33%
BURL	A	0.33%
TAP	C	0.32%
APO	B	0.31%
YETI	C	0.31%
ENR	B	0.31%
ETSY	D	0.3%
ULTA	F	0.3%
ROST	C	0.29%
DKS	C	0.29%
LC	A	0.28%
LEA	D	0.28%
LNW	D	0.28%
DOLE	D	0.27%
SQ	B	0.27%
MELI	D	0.27%
STZ	D	0.27%
ODP	F	0.27%
AX	A	0.26%
DAN	D	0.26%
CVS	D	0.26%
APTV	D	0.25%
KKR	A	0.25%
FI	A	0.25%
CAL	D	0.25%
BG	F	0.25%
ARES	A	0.24%
AXP	A	0.24%
CROX	D	0.24%
BHF	B	0.24%
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%
NATL	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%
LDI	C	0.2%
STRL	B	0.2%
CRS	A	0.2%
GATO	D	0.2%
ZIM	C	0.2%
NAVI	C	0.19%
ACGL	D	0.19%
DAL	C	0.19%
PMT	D	0.19%
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%
MLM	B	0.17%
HASI	D	0.17%
PEN	B	0.16%
DOCU	A	0.16%
PCTY	B	0.16%
PWR	A	0.16%
ACHR	B	0.16%
INCY	C	0.16%
VERA	B	0.16%
GNRC	B	0.16%
ESTC	C	0.15%
ISRG	A	0.15%
PCAR	B	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%
ZBH	C	0.14%
MRC	B	0.14%
UTHR	C	0.14%
LIVN	F	0.14%
AKRO	B	0.14%
REVG	B	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%
NBIX	C	0.13%
VRTX	F	0.13%
SAVA	D	0.13%
PBI	B	0.13%
WWD	B	0.13%
MANH	D	0.13%
AHCO	F	0.12%
SHC	F	0.12%
KRYS	B	0.12%
MOH	F	0.12%
RPRX	D	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%
ADBE	C	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%
CPT	B	0.09%
PEB	D	0.09%
NEXT	B	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%
NVRI	F	0.08%
RDFN	D	0.08%
SBAC	D	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%
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%
VAL	D	0.05%
APA	D	0.05%
WFRD	D	0.05%
DK	C	0.05%
NFE	D	0.04%
HE	C	0.04%

OPTZ Underweight 335 Positions Relative to PFM

Symbol	Grade	Weight
MSFT	F	-3.91%
AVGO	D	-3.32%
JPM	A	-3.01%
WMT	A	-2.92%
XOM	B	-2.31%
ORCL	B	-2.21%
MA	C	-2.06%
HD	A	-1.76%
PG	A	-1.73%
JNJ	D	-1.61%
BAC	A	-1.56%
ABBV	D	-1.27%
CVX	A	-1.27%
KO	D	-1.15%
MRK	F	-1.06%
CSCO	B	-1.0%
ACN	C	-0.95%
MS	A	-0.94%
ABT	B	-0.88%
PM	B	-0.88%
TXN	C	-0.82%
INTU	C	-0.82%
QCOM	F	-0.79%
VZ	C	-0.77%
DHR	F	-0.72%
RTX	C	-0.69%
NEE	D	-0.68%
AMGN	D	-0.65%
UNP	C	-0.62%
PFE	D	-0.61%
LMT	D	-0.55%
ADP	B	-0.53%
BMY	B	-0.5%
SBUX	A	-0.49%
MMC	B	-0.48%
MDT	D	-0.48%
PLD	D	-0.46%
ADI	D	-0.45%
UPS	C	-0.43%
MO	A	-0.41%
ELV	F	-0.4%
NKE	D	-0.39%
CTAS	B	-0.38%
WM	A	-0.38%
APH	A	-0.37%
MDLZ	F	-0.37%
AON	A	-0.36%
KLAC	D	-0.36%
ZTS	D	-0.35%
ITW	B	-0.35%
PNC	B	-0.35%
GD	F	-0.34%
USB	A	-0.34%
MCK	B	-0.34%
EMR	A	-0.32%
NOC	D	-0.31%
MMM	D	-0.31%
CSX	B	-0.29%
EPD	A	-0.29%
AJG	B	-0.28%
BDX	F	-0.28%
TFC	A	-0.27%
AFL	B	-0.27%
GWW	B	-0.25%
BK	A	-0.25%
MET	A	-0.25%
SRE	A	-0.25%
PSX	C	-0.24%
PAYX	C	-0.22%
AEP	D	-0.22%
MPLX	A	-0.21%
O	D	-0.21%
CMI	A	-0.21%
KMB	D	-0.2%
LHX	C	-0.2%
NDAQ	A	-0.2%
FAST	B	-0.2%
DFS	B	-0.19%
PEG	A	-0.19%
KR	B	-0.18%
XEL	A	-0.17%
GLW	B	-0.17%
HPQ	B	-0.16%
A	D	-0.16%
SYY	B	-0.16%
RJF	A	-0.15%
EXR	D	-0.15%
MCHP	D	-0.15%
RMD	C	-0.15%
NUE	C	-0.15%
FITB	A	-0.14%
ROK	B	-0.14%
HUM	C	-0.14%
ED	D	-0.14%
TSCO	D	-0.13%
WEC	A	-0.13%
LYB	F	-0.12%
DOV	A	-0.12%
PPG	F	-0.12%
STT	A	-0.12%
AEE	A	-0.11%
HSY	F	-0.11%
ADM	D	-0.11%
AWK	D	-0.11%
ES	D	-0.1%
WRB	A	-0.1%
CDW	F	-0.1%
RF	A	-0.1%
CSL	C	-0.09%
PFG	D	-0.09%
CMS	C	-0.09%
CLX	B	-0.09%
PKG	A	-0.09%
STLD	B	-0.09%
LII	A	-0.09%
RPM	A	-0.08%
KEY	B	-0.08%
ARE	D	-0.08%
FDS	B	-0.08%
TSN	B	-0.08%
WSO	A	-0.08%
MAA	B	-0.08%
MKC	D	-0.08%
SNA	A	-0.08%
JBHT	C	-0.08%
ERIE	D	-0.08%
BBY	D	-0.08%
ESS	B	-0.08%
GGG	B	-0.07%
RGA	A	-0.07%
LNT	A	-0.07%
AVY	D	-0.07%
HRL	D	-0.07%
WLK	D	-0.07%
NI	A	-0.07%
FNF	B	-0.07%
WSM	B	-0.07%
MAS	D	-0.07%
RS	B	-0.07%
EXPD	D	-0.07%
IEX	B	-0.07%
CHRW	C	-0.06%
SWK	D	-0.06%
UNM	A	-0.06%
REG	B	-0.06%
POOL	C	-0.06%
MORN	B	-0.06%
NDSN	B	-0.06%
UDR	B	-0.06%
EVRG	A	-0.06%
HEI	B	-0.06%
CASY	A	-0.06%
SEIC	B	-0.05%
WTRG	B	-0.05%
CUBE	D	-0.05%
ATR	B	-0.05%
EVR	B	-0.05%
BEN	C	-0.05%
RRX	B	-0.05%
AFG	A	-0.05%
SJM	D	-0.05%
ALB	C	-0.05%
ITT	A	-0.05%
SCI	B	-0.05%
JKHY	D	-0.05%
ENSG	D	-0.04%
CHE	D	-0.04%
TTC	D	-0.04%
OGE	B	-0.04%
ZION	B	-0.04%
WTFC	A	-0.04%
CFR	B	-0.04%
INGR	B	-0.04%
DCI	B	-0.04%
CBSH	A	-0.04%
RGLD	C	-0.04%
ORI	A	-0.04%
LAD	A	-0.04%
PRI	A	-0.04%
PNW	B	-0.04%
IPG	D	-0.04%
THG	A	-0.03%
TRNO	F	-0.03%
THO	B	-0.03%
FFIN	B	-0.03%
UMBF	B	-0.03%
LFUS	F	-0.03%
IDA	A	-0.03%
CBT	C	-0.03%
HOMB	A	-0.03%
BMI	B	-0.03%
STAG	F	-0.03%
MSA	D	-0.03%
FAF	A	-0.03%
CADE	B	-0.03%
FR	C	-0.03%
AGCO	D	-0.03%
R	B	-0.03%
AXS	A	-0.03%
BOKF	B	-0.03%
SSD	D	-0.03%
ADC	B	-0.03%
RHI	B	-0.03%
NNN	D	-0.03%
PB	A	-0.03%
SSB	B	-0.03%
UFPI	B	-0.03%
RLI	B	-0.03%
WSFS	A	-0.02%
CBU	B	-0.02%
PRGO	B	-0.02%
SR	A	-0.02%
PII	D	-0.02%
MGEE	C	-0.02%
AUB	B	-0.02%
MDU	D	-0.02%
CCOI	B	-0.02%
WDFC	B	-0.02%
BANF	B	-0.02%
ASB	B	-0.02%
FUL	F	-0.02%
CNO	A	-0.02%
BKH	A	-0.02%
IBOC	A	-0.02%
FLO	D	-0.02%
POR	C	-0.02%
KAI	A	-0.02%
NJR	A	-0.02%
AVT	C	-0.02%
EXPO	D	-0.02%
FELE	B	-0.02%
LANC	C	-0.02%
SON	D	-0.02%
CNS	B	-0.02%
NXST	C	-0.02%
UGI	A	-0.02%
TKR	D	-0.02%
MATX	C	-0.02%
AL	B	-0.02%
GATX	A	-0.02%
DDS	B	-0.02%
OZK	B	-0.02%
BC	C	-0.02%
UBSI	B	-0.02%
BCPC	B	-0.02%
WTS	B	-0.02%
NFG	A	-0.02%
SLGN	A	-0.02%
MSEX	B	-0.01%
GABC	B	-0.01%
TR	B	-0.01%
UVV	B	-0.01%
LNN	B	-0.01%
WABC	B	-0.01%
NWN	A	-0.01%
CSGS	B	-0.01%
TCBK	B	-0.01%
STBA	B	-0.01%
SRCE	B	-0.01%
ANDE	D	-0.01%
TNC	D	-0.01%
HMN	B	-0.01%
DKL	C	-0.01%
SCL	C	-0.01%
GTY	B	-0.01%
SJW	D	-0.01%
APOG	B	-0.01%
LKFN	B	-0.01%
NHC	C	-0.01%
CHCO	B	-0.01%
AGM	C	-0.01%
WOR	F	-0.01%
WSBC	A	-0.01%
SYBT	B	-0.01%
HI	C	-0.01%
NBTB	B	-0.01%
LMAT	A	-0.01%
MTRN	C	-0.01%
SXI	B	-0.01%
HNI	B	-0.01%
FRME	B	-0.01%
TOWN	B	-0.01%
HWKN	B	-0.01%
NSP	D	-0.01%
ABR	C	-0.01%
CPK	A	-0.01%
CWT	D	-0.01%
WAFD	B	-0.01%
IOSP	B	-0.01%
MAN	D	-0.01%
AVA	A	-0.01%
INDB	B	-0.01%
SFNC	B	-0.01%
TRN	C	-0.01%
KWR	C	-0.01%
AWR	B	-0.01%
BRC	D	-0.01%
JJSF	B	-0.01%
OTTR	C	-0.01%
NWE	B	-0.01%
POWI	D	-0.01%
FIBK	A	-0.01%
ABM	B	-0.01%
JOUT	D	-0.0%
FLIC	B	-0.0%
ARTNA	D	-0.0%
HVT	D	-0.0%
ODC	C	-0.0%
BMRC	B	-0.0%
CTO	B	-0.0%
YORW	D	-0.0%
AROW	B	-0.0%
UHT	D	-0.0%
THFF	B	-0.0%
PLOW	D	-0.0%
HIFS	B	-0.0%
CASS	B	-0.0%
SPTN	D	-0.0%
WASH	C	-0.0%
MATW	C	-0.0%
GSBC	B	-0.0%
SMBC	B	-0.0%
HY	D	-0.0%
MBWM	B	-0.0%
HBNC	B	-0.0%
MNRO	D	-0.0%
FCBC	B	-0.0%
HFWA	B	-0.0%
SCVL	F	-0.0%
PFC	A	-0.0%
GRC	A	-0.0%
SBSI	B	-0.0%
CTBI	B	-0.0%
TMP	B	-0.0%
AMSF	B	-0.0%