OPTZ vs. TEQI ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to T. Rowe Price Equity Income ETF (TEQI)

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

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

26,415

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	TEQI
30 Days	2.56%	0.47%
60 Days	6.52%	2.72%
90 Days	8.53%	4.62%
12 Months		25.25%

29 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in TEQI	Overlap
AMAT	F	1.1%	1.13%	1.1%
AMD	F	1.1%	0.15%	0.15%
APO	A	0.29%	0.28%	0.28%
ATO	A	0.05%	0.1%	0.05%
BA	D	0.12%	0.92%	0.12%
BKR	B	0.07%	0.31%	0.07%
CAH	B	0.14%	0.15%	0.14%
CB	C	0.18%	2.08%	0.18%
CL	D	0.24%	0.75%	0.24%
CMCSA	B	0.63%	0.62%	0.62%
CRM	B	1.32%	0.22%	0.22%
CVS	F	0.27%	1.09%	0.27%
DIS	B	0.64%	1.03%	0.64%
FI	A	0.24%	1.13%	0.24%
GS	B	0.24%	0.04%	0.04%
HIG	B	0.19%	1.43%	0.19%
HON	B	0.14%	0.33%	0.14%
INTC	C	1.37%	0.34%	0.34%
LVS	B	0.39%	1.12%	0.39%
REXR	F	0.08%	0.54%	0.08%
SLB	C	0.06%	0.18%	0.06%
SO	C	0.05%	2.29%	0.05%
T	A	0.61%	0.14%	0.14%
TMO	F	0.12%	0.37%	0.12%
UNH	C	0.13%	1.57%	0.13%
VNO	C	0.12%	0.07%	0.07%
WMB	A	0.07%	0.56%	0.07%
WY	D	0.09%	1.54%	0.09%
ZBH	C	0.13%	1.47%	0.13%

OPTZ Overweight 291 Positions Relative to TEQI

Symbol	Grade	Weight
APP	A	1.97%
NVDA	A	1.46%
TTMI	B	1.43%
CRWD	B	1.3%
BHE	B	1.29%
ANET	C	1.29%
DELL	B	1.28%
QLYS	C	1.26%
NOW	B	1.24%
ITRI	B	1.24%
FFIV	B	1.23%
BAH	D	1.22%
CDNS	B	1.22%
SNPS	C	1.21%
GDDY	A	1.2%
MSI	B	1.18%
WIX	A	1.08%
INFN	D	1.08%
IBM	C	1.04%
AAPL	C	1.04%
DJT	C	1.03%
VZIO	A	1.02%
VRSN	F	1.02%
ROP	C	1.01%
FSLR	F	0.95%
LUMN	C	0.9%
ACLS	F	0.88%
CRUS	F	0.8%
IDCC	B	0.76%
RNG	C	0.74%
TMUS	B	0.7%
ZM	B	0.69%
NFLX	A	0.68%
META	C	0.67%
EA	A	0.63%
CVNA	A	0.55%
EAT	A	0.52%
AMC	D	0.5%
TSLA	A	0.48%
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%
HBI	B	0.39%
AMZN	B	0.38%
SIG	C	0.38%
MAR	B	0.38%
DECK	A	0.38%
GRMN	B	0.37%
COIN	A	0.36%
LULU	C	0.36%
DPZ	C	0.35%
WHR	B	0.35%
PCT	C	0.35%
ORLY	B	0.34%
BZH	C	0.34%
PVH	C	0.34%
ANF	C	0.34%
LOW	C	0.34%
FIVE	F	0.33%
WYNN	D	0.33%
CHDN	C	0.33%
SBH	B	0.33%
BURL	A	0.32%
ALV	C	0.32%
MCD	D	0.32%
YETI	D	0.31%
ETSY	D	0.31%
ULTA	F	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%
CHD	A	0.28%
ROST	D	0.28%
GPC	F	0.28%
TGT	B	0.27%
LEA	F	0.27%
LC	B	0.27%
APTV	F	0.26%
EWTX	C	0.26%
MELI	D	0.26%
DAN	F	0.26%
PEP	F	0.26%
STZ	D	0.26%
KKR	A	0.25%
AX	B	0.25%
BG	D	0.24%
CAL	F	0.24%
AMP	A	0.24%
CROX	F	0.24%
TROW	B	0.23%
CPAY	A	0.23%
SQ	A	0.23%
AXP	B	0.23%
ARES	A	0.23%
BHF	C	0.23%
TRV	A	0.22%
CINF	A	0.22%
V	A	0.22%
COOP	B	0.22%
STRL	A	0.21%
AXON	A	0.21%
PGR	B	0.21%
LDI	C	0.21%
MSCI	B	0.21%
ALL	A	0.21%
BFH	B	0.21%
PRG	C	0.21%
PRU	B	0.21%
SIGI	B	0.21%
AER	B	0.21%
AGO	A	0.21%
BR	B	0.21%
BRO	B	0.21%
LBPH	A	0.21%
AIZ	A	0.21%
WTW	B	0.21%
VRT	A	0.21%
MCO	D	0.2%
CRS	A	0.2%
GPN	C	0.2%
GL	C	0.2%
MKTX	D	0.2%
GATO	C	0.2%
RNR	C	0.2%
ZIM	A	0.19%
ICE	C	0.19%
PMT	D	0.19%
NATL	B	0.19%
CME	A	0.19%
SPGI	D	0.19%
HASI	F	0.18%
LPX	B	0.18%
INCY	C	0.18%
EME	A	0.18%
FIX	A	0.18%
DAL	A	0.18%
PAYC	B	0.18%
VMC	B	0.18%
NAVI	F	0.18%
XPO	B	0.18%
SKYW	B	0.18%
ACGL	D	0.18%
CBOE	C	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%
SHW	C	0.16%
DOCU	B	0.16%
SAIA	C	0.16%
ETNB	D	0.16%
AIT	B	0.16%
HQY	A	0.16%
PWR	A	0.16%
TPC	C	0.16%
JBLU	F	0.15%
TT	A	0.15%
ISRG	A	0.15%
PH	B	0.15%
BV	C	0.15%
PEGA	B	0.15%
SNDX	F	0.15%
PNR	B	0.15%
PCAR	C	0.15%
ETN	B	0.15%
DAWN	D	0.15%
JAZZ	C	0.15%
PEN	B	0.15%
WAB	B	0.15%
ACHR	B	0.15%
EMN	D	0.15%
HUBB	B	0.15%
UTHR	C	0.15%
PODD	B	0.15%
URI	B	0.15%
DGX	A	0.14%
GFF	B	0.14%
SYK	A	0.14%
NBIX	C	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%
THC	C	0.14%
WST	D	0.14%
LECO	C	0.14%
LIN	D	0.14%
STGW	B	0.14%
VRTX	D	0.14%
ESTC	C	0.14%
CAT	C	0.14%
ECL	D	0.14%
VRSK	B	0.13%
SHC	F	0.13%
DVA	C	0.13%
SAVA	C	0.13%
MOH	F	0.13%
PHIN	B	0.13%
OSK	C	0.13%
KRYS	C	0.13%
BAX	F	0.12%
IQV	F	0.12%
AHCO	D	0.12%
STE	D	0.12%
AOS	F	0.12%
RPRX	F	0.12%
KURA	F	0.12%
XYL	D	0.12%
RSG	A	0.12%
COGT	D	0.12%
WDAY	C	0.12%
FDX	B	0.12%
SRPT	F	0.12%
ALGN	D	0.12%
CBRE	B	0.11%
ADBE	D	0.11%
EXPI	C	0.11%
OMI	F	0.11%
DLR	A	0.11%
CGEM	F	0.11%
LNTH	F	0.11%
EFX	F	0.11%
DYN	F	0.11%
UHS	D	0.11%
IDXX	F	0.11%
SPG	A	0.1%
RHP	B	0.1%
SBRA	B	0.1%
EQIX	A	0.1%
OGN	F	0.1%
WELL	A	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%
ICLR	F	0.09%
NMRK	B	0.09%
SANA	F	0.08%
NVRI	F	0.08%
SBAC	D	0.08%
EGP	D	0.08%
NEXT	B	0.08%
CPT	C	0.08%
KNTK	A	0.07%
CEG	C	0.07%
DTM	A	0.07%
TRGP	A	0.07%
BKD	F	0.07%
AMT	D	0.07%
ETR	A	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%
DK	D	0.05%
SWX	A	0.05%
WFRD	F	0.05%
WKC	D	0.05%
AES	F	0.04%
NFE	F	0.04%
EIX	C	0.04%
HE	C	0.04%

OPTZ Underweight 83 Positions Relative to TEQI

Symbol	Grade	Weight
ELV	F	-2.3%
MET	A	-2.06%
GE	D	-2.05%
WFC	A	-2.02%
TTE	F	-1.99%
QCOM	F	-1.96%
AIG	C	-1.85%
LHX	B	-1.81%
PM	A	-1.75%
CF	A	-1.72%
BDX	F	-1.72%
KVUE	A	-1.68%
KMB	C	-1.63%
SWK	F	-1.62%
XOM	B	-1.61%
NWSA	B	-1.57%
SCHW	A	-1.49%
EQR	C	-1.49%
MSFT	D	-1.48%
IP	A	-1.47%
JPM	A	-1.41%
EQH	B	-1.39%
C	B	-1.34%
WMT	A	-1.23%
HBAN	B	-1.22%
D	C	-1.17%
JNJ	D	-1.17%
CI	D	-1.13%
AEE	A	-1.04%
UPS	C	-1.03%
L	A	-1.01%
USB	B	-0.99%
MDT	D	-0.98%
TXN	C	-0.97%
FITB	B	-0.92%
NEE	C	-0.9%
AZN	F	-0.88%
NXPI	F	-0.87%
CAG	F	-0.87%
LUV	B	-0.84%
TSN	B	-0.83%
SNY	F	-0.83%
ACN	C	-0.8%
SRE	A	-0.77%
RYN	D	-0.76%
VTRS	A	-0.7%
CMI	A	-0.63%
EQT	A	-0.61%
GEV	A	-0.59%
BMY	A	-0.59%
EOG	A	-0.58%
BAC	A	-0.58%
NSC	B	-0.57%
PFE	F	-0.48%
MAT	D	-0.48%
CSX	C	-0.46%
GM	B	-0.41%
MRO	A	-0.4%
VZ	C	-0.35%
COP	B	-0.35%
TJX	A	-0.34%
MRK	F	-0.34%
MMM	D	-0.34%
KSS	F	-0.33%
MS	A	-0.33%
SRCL	B	-0.32%
DG	F	-0.3%
GEHC	D	-0.29%
CSCO	B	-0.28%
ABBV	F	-0.27%
BIIB	F	-0.27%
NI	A	-0.25%
HES	B	-0.23%
UNP	D	-0.19%
CVX	A	-0.18%
CNC	F	-0.17%
PCG	A	-0.16%
HUM	D	-0.16%
ROK	B	-0.15%
BK	B	-0.15%
HD	A	-0.12%
MDLZ	F	-0.1%
NWS	A	-0.08%