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Launched · SEC filings

Optimize Strategy Index ETF

OPTZNasdaqC

$43.53−0.30 (−0.69%)

At close: Nov 2, 2026, 4:00 PM ET

C45/ 100

Rank 73 of 99 in US Multifactor

C45/100Rank 73 of 99inUS Multifactor
Intraday session: down, 79 prints from 43.83 to 43.53. Range 43.53 to 44.29. Use the arrow keys to read each point.44.0044.2010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$258M
1Y total return
+25.4%
Yield · Last 12 months
0.48%
Holdings
396
Avg volume · 30D
6.58K sh
52W range
low $33.27high $49.76
Launched
Filings
SEC EDGAR

The ETF.net OPTZ Grade

C

Score 45 out of 100

Category
US Multifactor⁠
Rank
73 of 99
Six-pillar profile for OPTZ. Scores out of 100: Cost 63, Risk 25, Mission 26, Tradability 50, Holdings 72, Durability 34. Strongest: Holdings (72). Weakest: Risk (25). Leans toward Holdings.

Score 45 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B63 out of 100
    Rank 36 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D26 out of 100
    Rank 86 of 87

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D25 out of 100
    Rank 85 of 99

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 45 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A72 out of 100
    Rank 25 of 98

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D34 out of 100
    Rank 79 of 99

Our read on OPTZ

ETF.net Research

In short

CA 2024 newcomer built on one idea: screen US-listed stocks for quality and momentum, track the index, charge 0.25%. Priced under the typical multifactor peer, but still a small and lightly traded fund.

Stated mandate

The Fund seeks to track, before fees and expenses, the total return of the Optimize Strategy Index. The Index selects U.S.-listed equities from a broad market universe and evaluates them using quality and momentum criteria.

Why people hold it

  • At 0.25%, it undercuts the median expense ratio in its multifactor peer group and matches Schwab's FNDX, though broad index giants like IUSG and VYM sit well below that.
  • No manager hunches. The Optimize Strategy Index ranks a broad US equity universe on quality and momentum, and the fund's job is simply to track it.
  • Conventional plumbing: a 1940 Act ETF holding US-listed stocks, with the factor tilt advertised up front rather than buried in a strategy footnote.

Worth knowing

  • Thinly traded, so bid-ask spreads can run wider than in the household-name factor funds. Order size and timing matter more here.
  • It launched in April 2024, so there is no record yet across a full market cycle to judge how the quality-momentum screen holds up.
  • A small fund next to the Vanguard and iShares factor lineups, and payouts come annually or semiannually rather than quarterly.

OPTZ Holdings

Holdings pillarA72 out of 100Rank 25 of 98 in US Multifactor
Asset class
Stocks
Holdings
396
Top-10 weight
13%
Largest holding
DXC1.5%

Sectors

  • Technology41.5%
  • Financials12.9%
  • Health Care11.4%
  • Consumer Discretionary10.2%
  • Industrials7.4%
  • Energy7.0%
  • Consumer Staples3.3%
  • Real Estate2.4%
  • Materials1.7%
  • Utilities1.5%
  • Communication0.9%

Geography

  • United States98.41%
  • Brazil0.52%
  • Switzerland0.41%
  • Canada0.23%
  • Peru0.23%
  • United Kingdom0.20%
The fund’s holdings, weight-ordered — page 1 of 27.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1DXCDXC Technology Co1.49%255,639$3.83M127
2SNPSSynopsys Inc1.37%7,569$3.54M386
3TXNTexas Instruments Inc1.35%11,534$3.47M516
4ADIAnalog Devices Inc1.33%8,245$3.44M480
5ROPRoper Technologies Inc1.33%7,319$3.42M353
6NXPINXP Semiconductors NV1.32%13,083$3.4M298
7CDNSCadence Design Systems Inc1.30%10,184$3.34M437
8TDYTeledyne Technologies Inc1.25%4,882$3.21M266
9AMDAdvanced Micro Devices Inc1.23%6,254$3.16M638
10MSFTMicrosoft Corp1.21%5,977$3.12M819
11CIENCiena Corp1.16%9,286$2.98M400
12ZBRAZebra Technologies Corp1.15%8,217$2.97M231
13MPWRMonolithic Power Systems Inc1.14%2,435$2.95M434
14ARWArrow Electronics Inc1.12%13,829$2.88M177
15KEYSKeysight Technologies Inc1.09%9,128$2.8M383

Showing 1–15 of 396 holdings

OPTZ Performance

Launched Apr 23, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
OPTZ$12,542
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. OPTZ $12,542. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for OPTZ. Periods over one year show the average yearly return.
PeriodOPTZ
Year to date+21.6%
1 month−2.9%
3 months−2.3%
1 year+25.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for OPTZ
YearReturn barOPTZ
2026 YTD+21.6%
2025+22.8%
2024+16.8%

Since listing, Apr 23, 2024

OPTZ in the news

OPTZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.48%Last 12 months
Payout per share
$0.21Last 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 24, 2024 $0.10; Dec 23, 2025 $0.21. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.21
Dec 24, 2024Dec 26, 2024$0.10

$10,000 in OPTZ 1 year ago paid $59.83 in dividends.

OPTZ Risk

Risk pillarD25 out of 100Rank 85 of 99 in US Multifactor
How much the fund’s monthly returns vary, scaled to a year.
19.1%
Annualised · 30 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.06
vs 3-month T-bills · 30 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−25.7%
30 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.32
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

OPTZ Cost

Compare OPTZ and VYM

Overpaying vs VYM, tied cheapest in US Multifactor

$4,310

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • OPTZ 0.25%

    $5,159

  • VYM 0.04% Tied cheapest

    $849

$10,000
30 years

Cost over time

  • OPTZ 0.25%
  • VYM 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530OPTZ $5,159VYM $849

Year by year

YearOPTZVYMOverpaying
10$455$73$382
20$1,769$288$1,481
30$5,159$849$4,310

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