SPYV vs. OPTZ ETF Comparison

Comparison of SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV) to Optimize Strategy Index ETF (OPTZ)

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.73

Average Daily Volume

2,508,972

Number of Holdings ^*

432

* may have additional holdings in another (foreign) market

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

$30.32

Average Daily Volume

6,891

Number of Holdings ^*

320

* may have additional holdings in another (foreign) market

Performance

Period	SPYV	OPTZ
30 Days	0.92%	4.61%
60 Days	4.33%	9.51%
90 Days	7.00%	11.46%
12 Months	27.38%

127 Overlapping Holdings

Symbol	Grade	Weight in SPYV	Weight in OPTZ	Overlap
AES	F	0.05%	0.04%	0.04%
AIZ	A	0.05%	0.21%	0.05%
ALGN	F	0.03%	0.12%	0.03%
ALL	A	0.24%	0.21%	0.21%
AMP	A	0.12%	0.24%	0.12%
AMT	F	0.25%	0.07%	0.07%
AOS	F	0.02%	0.12%	0.02%
APD	B	0.32%	0.17%	0.17%
APTV	D	0.07%	0.26%	0.07%
ATO	A	0.1%	0.05%	0.05%
AXP	B	0.23%	0.23%	0.23%
BA	F	0.29%	0.12%	0.12%
BAX	F	0.09%	0.12%	0.09%
BG	D	0.06%	0.24%	0.06%
BKR	B	0.2%	0.07%	0.07%
BR	A	0.05%	0.21%	0.05%
BRO	A	0.03%	0.21%	0.03%
CAH	A	0.13%	0.14%	0.13%
CAT	C	0.39%	0.14%	0.14%
CB	C	0.49%	0.18%	0.18%
CBOE	D	0.04%	0.18%	0.04%
CBRE	A	0.19%	0.11%	0.11%
CEG	D	0.19%	0.07%	0.07%
CHD	B	0.06%	0.28%	0.06%
CINF	A	0.11%	0.22%	0.11%
CL	F	0.21%	0.24%	0.21%
CMCSA	B	0.8%	0.63%	0.63%
CME	A	0.24%	0.19%	0.19%
COR	A	0.2%	0.14%	0.14%
COST	B	1.1%	0.3%	0.3%
CPT	C	0.06%	0.08%	0.06%
CVS	F	0.34%	0.27%	0.27%
DAL	A	0.08%	0.18%	0.08%
DELL	B	0.09%	1.28%	0.09%
DGX	A	0.08%	0.14%	0.08%
DIS	B	0.84%	0.64%	0.64%
DLR	C	0.15%	0.11%	0.11%
DPZ	C	0.04%	0.35%	0.04%
DTE	D	0.11%	0.05%	0.05%
DUK	D	0.4%	0.05%	0.05%
DVA	C	0.01%	0.13%	0.01%
EA	A	0.1%	0.63%	0.1%
ECL	C	0.14%	0.14%	0.14%
EFX	D	0.09%	0.11%	0.09%
EIX	C	0.15%	0.04%	0.04%
EMN	D	0.06%	0.15%	0.06%
EQIX	B	0.21%	0.1%	0.1%
ETN	A	0.26%	0.15%	0.15%
ETR	B	0.15%	0.06%	0.06%
FDX	B	0.3%	0.12%	0.12%
FFIV	A	0.07%	1.23%	0.07%
FI	A	0.27%	0.24%	0.24%
FSLR	F	0.1%	0.95%	0.1%
GL	B	0.05%	0.2%	0.05%
GNRC	B	0.02%	0.17%	0.02%
GPC	D	0.08%	0.28%	0.08%
GPN	B	0.13%	0.2%	0.13%
GRMN	A	0.07%	0.37%	0.07%
GS	B	0.86%	0.24%	0.24%
HIG	C	0.16%	0.19%	0.16%
HII	D	0.04%	0.09%	0.04%
HON	B	0.66%	0.14%	0.14%
HUBB	B	0.06%	0.15%	0.06%
IBM	C	0.92%	1.04%	0.92%
ICE	D	0.42%	0.19%	0.19%
IDXX	D	0.07%	0.11%	0.07%
INCY	B	0.06%	0.18%	0.06%
INTC	C	0.52%	1.37%	0.52%
IQV	F	0.11%	0.12%	0.11%
ISRG	A	0.3%	0.15%	0.15%
LIN	D	0.5%	0.14%	0.14%
LOW	B	0.71%	0.34%	0.34%
LVS	C	0.03%	0.39%	0.03%
MCD	C	0.55%	0.32%	0.32%
MCO	C	0.18%	0.2%	0.18%
MKTX	C	0.05%	0.2%	0.05%
MLM	B	0.06%	0.17%	0.06%
MOH	F	0.04%	0.13%	0.04%
MSCI	B	0.09%	0.21%	0.09%
MSI	B	0.15%	1.18%	0.15%
NRG	B	0.09%	0.06%	0.06%
ORLY	A	0.09%	0.34%	0.09%
PAYC	B	0.03%	0.18%	0.03%
PCAR	B	0.07%	0.15%	0.07%
PEP	D	0.67%	0.26%	0.26%
PGR	A	0.35%	0.21%	0.21%
PH	A	0.09%	0.15%	0.09%
PNR	A	0.02%	0.15%	0.02%
PODD	B	0.05%	0.15%	0.05%
PRU	B	0.21%	0.21%	0.21%
PWR	B	0.07%	0.16%	0.07%
RL	B	0.02%	0.4%	0.02%
ROP	A	0.16%	1.01%	0.16%
RSG	A	0.09%	0.12%	0.09%
SBAC	D	0.07%	0.08%	0.07%
SHW	A	0.21%	0.16%	0.16%
SLB	C	0.29%	0.06%	0.06%
SO	D	0.44%	0.05%	0.05%
SPG	B	0.16%	0.1%	0.1%
SPGI	C	0.42%	0.19%	0.19%
STE	F	0.04%	0.12%	0.04%
STZ	D	0.17%	0.26%	0.17%
SYK	A	0.21%	0.14%	0.14%
T	A	0.74%	0.61%	0.61%
TAP	B	0.05%	0.3%	0.05%
TGT	C	0.33%	0.27%	0.27%
TMO	F	0.62%	0.12%	0.12%
TMUS	A	0.53%	0.7%	0.53%
TROW	B	0.13%	0.23%	0.13%
TRV	B	0.27%	0.22%	0.22%
TT	A	0.13%	0.15%	0.13%
UHS	D	0.06%	0.11%	0.06%
ULTA	C	0.03%	0.31%	0.03%
UNH	B	1.62%	0.13%	0.13%
V	A	0.81%	0.22%	0.22%
VMC	B	0.06%	0.18%	0.06%
VRSK	A	0.08%	0.13%	0.08%
VRSN	C	0.04%	1.02%	0.04%
VRTX	B	0.22%	0.14%	0.14%
WAB	A	0.16%	0.15%	0.15%
WBA	D	0.03%	0.28%	0.03%
WELL	B	0.37%	0.1%	0.1%
WMB	B	0.19%	0.07%	0.07%
WTW	A	0.15%	0.21%	0.15%
WY	F	0.11%	0.09%	0.09%
XYL	D	0.14%	0.12%	0.12%
ZBH	C	0.1%	0.13%	0.1%

SPYV Overweight 305 Positions Relative to OPTZ

Symbol	Grade	Weight
BRK.A	B	3.94%
JPM	B	3.14%
XOM	B	2.52%
JNJ	D	1.76%
WMT	A	1.7%
BAC	A	1.41%
CVX	B	1.25%
HD	B	1.17%
WFC	A	1.11%
PG	C	1.1%
CSCO	A	1.09%
ABBV	D	1.04%
ABT	C	0.94%
AMGN	F	0.81%
VZ	C	0.8%
RTX	C	0.75%
MS	A	0.75%
DHR	F	0.74%
PFE	F	0.73%
NEE	D	0.72%
MRK	F	0.72%
KO	F	0.7%
C	A	0.61%
MU	D	0.59%
TXN	C	0.58%
PM	C	0.57%
GILD	C	0.57%
MA	B	0.56%
LMT	C	0.55%
MDT	D	0.53%
GE	C	0.52%
BMY	B	0.52%
SCHW	A	0.51%
ACN	C	0.49%
PLD	D	0.49%
ELV	F	0.47%
UPS	C	0.46%
MO	A	0.43%
QCOM	F	0.43%
CI	D	0.42%
PYPL	A	0.39%
PNC	B	0.38%
UNP	C	0.38%
MCK	A	0.37%
GD	A	0.37%
USB	A	0.36%
ADP	A	0.35%
EMR	A	0.34%
MMM	C	0.34%
COF	B	0.33%
NOC	C	0.33%
BDX	D	0.31%
NSC	B	0.29%
TFC	B	0.29%
GM	A	0.29%
SRE	A	0.27%
BK	B	0.27%
BSX	A	0.27%
JCI	A	0.26%
MMC	C	0.25%
GEV	B	0.25%
PSX	D	0.25%
AFL	C	0.25%
MDLZ	F	0.24%
KMI	B	0.24%
AEP	D	0.24%
NEM	F	0.24%
NKE	F	0.24%
LHX	A	0.23%
CMI	A	0.23%
O	D	0.23%
AIG	B	0.23%
TJX	B	0.22%
ADI	F	0.22%
FIS	B	0.22%
D	D	0.22%
MET	C	0.22%
KVUE	B	0.21%
KMB	F	0.21%
SBUX	B	0.21%
CCI	F	0.21%
DE	D	0.21%
PEG	C	0.2%
WM	A	0.2%
F	C	0.2%
PCG	A	0.2%
VLO	D	0.2%
ITW	A	0.19%
CTSH	A	0.19%
GEHC	F	0.19%
AON	A	0.19%
COP	C	0.19%
CTVA	C	0.19%
A	F	0.19%
SYY	B	0.18%
EXC	C	0.18%
APH	B	0.18%
KR	A	0.18%
ZTS	D	0.17%
BX	A	0.17%
GIS	F	0.17%
DD	D	0.17%
RMD	C	0.17%
HPQ	B	0.17%
XEL	A	0.17%
KDP	D	0.17%
GLW	C	0.17%
ED	D	0.16%
CTAS	A	0.16%
DOW	F	0.16%
HCA	D	0.16%
CSX	B	0.16%
OXY	D	0.16%
HUM	D	0.16%
MTB	B	0.16%
EXR	D	0.16%
FCX	F	0.16%
REGN	F	0.16%
AJG	A	0.15%
ADSK	A	0.15%
AVB	A	0.15%
NDAQ	A	0.15%
VICI	D	0.15%
ABNB	C	0.15%
CNC	F	0.15%
CARR	C	0.15%
KHC	F	0.14%
RJF	A	0.14%
PPG	F	0.14%
WEC	B	0.14%
EBAY	C	0.14%
PSA	C	0.14%
FITB	A	0.14%
DOV	A	0.13%
HPE	B	0.13%
UAL	B	0.13%
PAYX	B	0.13%
STT	B	0.13%
KEYS	C	0.13%
OTIS	C	0.12%
EW	D	0.12%
ADM	F	0.12%
HBAN	B	0.12%
BIIB	F	0.12%
SYF	B	0.12%
VLTO	C	0.12%
AWK	D	0.12%
LDOS	B	0.12%
HAL	C	0.12%
SW	C	0.12%
VTR	C	0.12%
LYB	F	0.11%
AME	A	0.11%
WDC	D	0.11%
OKE	A	0.11%
AEE	A	0.11%
MPC	D	0.11%
RF	B	0.11%
IFF	F	0.11%
FAST	A	0.11%
PPL	A	0.11%
EQT	B	0.11%
DVN	F	0.11%
EOG	A	0.11%
EQR	C	0.11%
OMC	B	0.1%
ZBRA	A	0.1%
CHTR	B	0.1%
CFG	B	0.1%
YUM	B	0.1%
WBD	B	0.1%
FE	D	0.1%
NTRS	A	0.1%
PKG	B	0.1%
K	A	0.1%
ES	D	0.1%
TDY	A	0.1%
LEN	D	0.09%
PFG	C	0.09%
HOLX	D	0.09%
MTD	F	0.09%
LUV	B	0.09%
INVH	D	0.09%
HWM	A	0.09%
ESS	C	0.09%
CNP	B	0.09%
MKC	D	0.09%
CMS	C	0.09%
LH	A	0.09%
CLX	A	0.09%
DFS	B	0.09%
IP	C	0.09%
MCHP	F	0.08%
ROK	B	0.08%
TXT	C	0.08%
AVY	F	0.08%
AZO	C	0.08%
KIM	A	0.08%
TSN	C	0.08%
IRM	D	0.08%
MRNA	F	0.08%
DG	F	0.08%
ON	F	0.08%
IEX	B	0.08%
TRMB	B	0.08%
BBY	D	0.08%
ARE	F	0.08%
KEY	B	0.08%
CSGP	D	0.08%
WRB	B	0.08%
TSCO	C	0.08%
MAA	C	0.08%
J	B	0.08%
BALL	D	0.08%
TER	F	0.08%
EVRG	A	0.07%
NUE	C	0.07%
SWK	F	0.07%
NDSN	B	0.07%
WAT	A	0.07%
LNT	C	0.07%
SWKS	F	0.07%
TTWO	A	0.07%
AMCR	D	0.07%
L	A	0.07%
NXPI	F	0.07%
JBHT	B	0.07%
RVTY	C	0.07%
EL	F	0.07%
MNST	B	0.07%
NI	A	0.07%
CDW	F	0.07%
EG	D	0.07%
VTRS	B	0.07%
HSY	D	0.07%
NTAP	D	0.07%
DOC	C	0.07%
GEN	A	0.07%
TPR	B	0.06%
KMX	C	0.06%
BXP	D	0.06%
TECH	B	0.06%
REG	A	0.06%
SJM	F	0.06%
CHRW	A	0.06%
DLTR	F	0.06%
JNPR	D	0.06%
STX	D	0.06%
UDR	C	0.06%
JKHY	C	0.06%
GWW	B	0.06%
ANSS	B	0.06%
CAG	F	0.06%
IR	A	0.05%
FOXA	A	0.05%
LKQ	D	0.05%
PNW	B	0.05%
SNA	A	0.05%
SOLV	D	0.05%
EXPD	D	0.05%
CTLT	D	0.05%
DXCM	C	0.05%
CRL	C	0.05%
NWSA	B	0.05%
IPG	F	0.05%
ALB	B	0.05%
MRO	B	0.04%
FMC	F	0.04%
MHK	D	0.04%
ALLE	D	0.04%
STLD	B	0.04%
ROL	B	0.04%
BWA	B	0.04%
EPAM	B	0.04%
MTCH	F	0.04%
MAS	D	0.04%
IVZ	C	0.04%
AKAM	F	0.04%
HAS	D	0.04%
FRT	C	0.04%
HRL	F	0.04%
HSIC	F	0.04%
CPB	F	0.04%
MOS	D	0.04%
PTC	B	0.04%
TFX	F	0.04%
FDS	A	0.04%
DRI	B	0.04%
FOX	A	0.03%
DAY	C	0.03%
POOL	D	0.03%
ENPH	F	0.03%
CTRA	B	0.03%
BEN	C	0.03%
QRVO	F	0.03%
PARA	C	0.03%
CCL	A	0.03%
CF	B	0.03%
JBL	C	0.03%
NWS	B	0.02%
CZR	F	0.02%
LW	C	0.02%
ERIE	F	0.02%
HST	C	0.02%
MGM	D	0.01%

SPYV Underweight 193 Positions Relative to OPTZ

Symbol	Grade	Weight
APP	B	-1.97%
NVDA	B	-1.46%
TTMI	B	-1.43%
CRM	B	-1.32%
CRWD	B	-1.3%
BHE	C	-1.29%
ANET	C	-1.29%
QLYS	B	-1.26%
NOW	A	-1.24%
ITRI	B	-1.24%
BAH	C	-1.22%
CDNS	B	-1.22%
SNPS	B	-1.21%
GDDY	A	-1.2%
AMD	F	-1.1%
AMAT	F	-1.1%
WIX	B	-1.08%
INFN	C	-1.08%
AAPL	C	-1.04%
DJT	D	-1.03%
VZIO	D	-1.02%
LUMN	B	-0.9%
ACLS	F	-0.88%
CRUS	F	-0.8%
IDCC	B	-0.76%
RNG	B	-0.74%
ZM	B	-0.69%
NFLX	A	-0.68%
META	B	-0.67%
CVNA	B	-0.55%
EAT	B	-0.52%
AMC	C	-0.5%
TSLA	B	-0.48%
NCLH	B	-0.48%
WWW	B	-0.47%
NPAB	F	-0.46%
RCL	A	-0.45%
WOOF	D	-0.44%
UNFI	C	-0.39%
HBI	B	-0.39%
AMZN	A	-0.38%
SIG	B	-0.38%
MAR	A	-0.38%
DECK	B	-0.38%
COIN	B	-0.36%
LULU	C	-0.36%
WHR	B	-0.35%
PCT	C	-0.35%
BZH	D	-0.34%
PVH	C	-0.34%
ANF	D	-0.34%
FIVE	F	-0.33%
WYNN	F	-0.33%
CHDN	C	-0.33%
SBH	C	-0.33%
BURL	C	-0.32%
ALV	C	-0.32%
YETI	C	-0.31%
ETSY	C	-0.31%
ODP	F	-0.3%
ENR	B	-0.3%
LNW	F	-0.3%
DKS	F	-0.29%
DOLE	C	-0.29%
APO	B	-0.29%
ROST	F	-0.28%
LEA	F	-0.27%
LC	B	-0.27%
EWTX	C	-0.26%
MELI	D	-0.26%
DAN	D	-0.26%
KKR	B	-0.25%
AX	B	-0.25%
CAL	D	-0.24%
CROX	F	-0.24%
CPAY	A	-0.23%
SQ	B	-0.23%
ARES	B	-0.23%
BHF	B	-0.23%
COOP	B	-0.22%
STRL	B	-0.21%
AXON	B	-0.21%
LDI	B	-0.21%
BFH	B	-0.21%
PRG	B	-0.21%
SIGI	B	-0.21%
AER	C	-0.21%
AGO	B	-0.21%
LBPH	A	-0.21%
VRT	B	-0.21%
CRS	B	-0.2%
GATO	C	-0.2%
RNR	D	-0.2%
ZIM	B	-0.19%
PMT	D	-0.19%
NATL	B	-0.19%
HASI	F	-0.18%
LPX	B	-0.18%
EME	B	-0.18%
FIX	B	-0.18%
NAVI	D	-0.18%
XPO	B	-0.18%
SKYW	B	-0.18%
ACGL	D	-0.18%
EXP	B	-0.18%
AVNT	B	-0.17%
VERA	B	-0.17%
PCTY	A	-0.17%
AKRO	C	-0.17%
CLOV	C	-0.17%
GTLS	A	-0.17%
DOCU	B	-0.16%
SAIA	B	-0.16%
ETNB	D	-0.16%
AIT	A	-0.16%
HQY	B	-0.16%
TPC	C	-0.16%
JBLU	C	-0.15%
BV	B	-0.15%
PEGA	A	-0.15%
SNDX	D	-0.15%
DAWN	C	-0.15%
JAZZ	B	-0.15%
PEN	B	-0.15%
ACHR	C	-0.15%
UTHR	B	-0.15%
URI	B	-0.15%
GFF	A	-0.14%
NBIX	C	-0.14%
MANH	C	-0.14%
LIVN	C	-0.14%
PBI	C	-0.14%
MRC	B	-0.14%
WWD	B	-0.14%
ASH	F	-0.14%
REVG	B	-0.14%
THC	B	-0.14%
WST	B	-0.14%
LECO	C	-0.14%
STGW	B	-0.14%
ESTC	C	-0.14%
SHC	D	-0.13%
SAVA	D	-0.13%
PHIN	B	-0.13%
OSK	B	-0.13%
KRYS	B	-0.13%
AHCO	D	-0.12%
RPRX	F	-0.12%
KURA	D	-0.12%
VNO	C	-0.12%
COGT	D	-0.12%
WDAY	B	-0.12%
SRPT	F	-0.12%
ADBE	C	-0.11%
EXPI	C	-0.11%
OMI	F	-0.11%
CGEM	F	-0.11%
LNTH	F	-0.11%
DYN	C	-0.11%
RHP	B	-0.1%
SBRA	C	-0.1%
OGN	F	-0.1%
UNIT	C	-0.1%
CE	F	-0.1%
ELS	C	-0.09%
PRIM	B	-0.09%
TDW	F	-0.09%
RDFN	D	-0.09%
PK	B	-0.09%
PEB	D	-0.09%
LAMR	D	-0.09%
ICLR	F	-0.09%
NMRK	B	-0.09%
SANA	F	-0.08%
REXR	F	-0.08%
NVRI	F	-0.08%
EGP	C	-0.08%
NEXT	B	-0.08%
KNTK	B	-0.07%
DTM	B	-0.07%
TRGP	B	-0.07%
BKD	F	-0.07%
OII	B	-0.06%
FTI	B	-0.06%
WHD	B	-0.06%
APA	F	-0.05%
VAL	F	-0.05%
DK	D	-0.05%
SWX	B	-0.05%
WFRD	D	-0.05%
WKC	D	-0.05%
NFE	F	-0.04%
HE	F	-0.04%