JOET vs. DUSL ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to Direxion Daily Industrials Bull 3X Shares (DUSL)

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.40

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

DUSL

Direxion Daily Industrials Bull 3X Shares

DUSL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Industrials Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the industrials sector which includes the following industries: aerospace and defense: industry conglomerates; and machinery. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$73.48

Average Daily Volume

19,758

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	DUSL
30 Days	7.96%	11.52%
60 Days	9.99%	17.64%
90 Days	13.18%	29.22%
12 Months	38.99%	112.07%

26 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in DUSL	Overlap
AXON	A	1.03%	0.65%	0.65%
BR	A	0.81%	0.4%	0.4%
CARR	D	0.75%	0.95%	0.75%
CAT	B	0.75%	2.83%	0.75%
CMI	A	0.83%	0.75%	0.75%
CTAS	B	0.79%	1.12%	0.79%
DAL	C	0.89%	0.63%	0.63%
DOV	A	0.8%	0.42%	0.42%
ETN	A	0.8%	2.17%	0.8%
FAST	B	0.81%	0.71%	0.71%
GD	F	0.73%	1.14%	0.73%
GWW	B	0.81%	0.79%	0.79%
HUBB	B	0.74%	0.36%	0.36%
HWM	A	0.84%	0.7%	0.7%
IR	B	0.81%	0.63%	0.63%
PCAR	B	0.82%	0.91%	0.82%
PH	A	0.85%	1.35%	0.85%
PWR	A	0.78%	0.72%	0.72%
ROL	B	0.81%	0.21%	0.21%
RSG	A	0.79%	0.64%	0.64%
TT	A	0.79%	1.39%	0.79%
UAL	A	0.91%	0.45%	0.45%
UBER	D	0.7%	2.26%	0.7%
URI	B	0.78%	0.85%	0.78%
WAB	B	0.78%	0.52%	0.52%
XYL	D	0.71%	0.45%	0.45%

JOET Overweight 98 Positions Relative to DUSL

Symbol	Grade	Weight
APP	B	1.3%
PLTR	B	1.0%
COIN	C	0.98%
GRMN	B	0.97%
SPOT	B	0.94%
FTNT	C	0.89%
IBKR	A	0.89%
DOCU	A	0.88%
SYF	B	0.87%
CRWD	B	0.87%
RCL	A	0.87%
CRM	B	0.86%
APO	B	0.86%
DFS	B	0.86%
HEI	B	0.85%
NFLX	A	0.85%
FCNCA	A	0.85%
PODD	C	0.85%
SQ	B	0.85%
AMZN	C	0.85%
NOW	A	0.84%
HBAN	A	0.84%
PANW	C	0.83%
CFG	B	0.83%
RF	A	0.83%
GM	B	0.83%
AMP	A	0.83%
VMC	B	0.83%
SYK	C	0.82%
MTB	A	0.82%
RJF	A	0.82%
ORCL	B	0.82%
AXP	A	0.81%
VRT	B	0.81%
ADSK	A	0.81%
JPM	A	0.81%
FITB	A	0.81%
SPGI	C	0.8%
ISRG	A	0.8%
PGR	A	0.8%
APH	A	0.8%
TTD	B	0.8%
BRO	B	0.8%
CINF	A	0.79%
ALL	A	0.79%
COST	B	0.79%
DDOG	A	0.79%
NTRS	A	0.79%
IT	C	0.79%
NVDA	C	0.79%
DECK	A	0.79%
WMT	A	0.78%
WRB	A	0.78%
PFG	D	0.78%
MA	C	0.78%
PYPL	B	0.78%
TSCO	D	0.78%
HIG	B	0.78%
WELL	A	0.78%
BSX	B	0.78%
BK	A	0.77%
TRV	B	0.77%
MLM	B	0.77%
BRK.A	B	0.77%
META	D	0.76%
NVR	D	0.76%
AFL	B	0.76%
MSFT	F	0.76%
ACN	C	0.76%
AMAT	F	0.76%
NU	C	0.75%
ANET	C	0.75%
PSA	D	0.75%
CMG	B	0.75%
CB	C	0.75%
AVGO	D	0.75%
ROST	C	0.75%
LEN	D	0.74%
EXR	D	0.74%
CPNG	D	0.74%
TW	A	0.74%
KLAC	D	0.73%
PHM	D	0.73%
ACGL	D	0.72%
FSLR	F	0.72%
QCOM	F	0.72%
RMD	C	0.71%
ADI	D	0.7%
DHI	D	0.69%
MELI	D	0.69%
O	D	0.69%
LLY	F	0.67%
IRM	D	0.67%
AMD	F	0.66%
CHKP	D	0.65%
CEG	D	0.64%
MPWR	F	0.49%
SMCI	F	0.29%

JOET Underweight 51 Positions Relative to DUSL

Symbol	Grade	Weight
GE	D	-2.91%
RTX	C	-2.38%
HON	B	-2.26%
UNP	C	-2.16%
ADP	B	-1.86%
LMT	D	-1.72%
BA	F	-1.52%
DE	A	-1.52%
UPS	C	-1.46%
GEV	B	-1.35%
WM	A	-1.22%
EMR	A	-1.11%
ITW	B	-1.1%
MMM	D	-1.09%
TDG	D	-1.08%
NOC	D	-1.04%
CSX	B	-1.04%
FDX	B	-0.99%
NSC	B	-0.9%
JCI	C	-0.86%
CPRT	A	-0.76%
LHX	C	-0.71%
PAYX	C	-0.7%
AME	A	-0.68%
ODFL	B	-0.63%
VRSK	A	-0.61%
OTIS	C	-0.6%
EFX	F	-0.49%
ROK	B	-0.49%
FTV	C	-0.4%
VLTO	D	-0.38%
LDOS	C	-0.34%
BLDR	D	-0.32%
LUV	C	-0.29%
SNA	A	-0.28%
J	F	-0.27%
EXPD	D	-0.26%
MAS	D	-0.26%
IEX	B	-0.26%
PNR	A	-0.26%
TXT	D	-0.24%
JBHT	C	-0.22%
NDSN	B	-0.21%
CHRW	C	-0.2%
SWK	D	-0.2%
ALLE	D	-0.19%
DAY	B	-0.18%
GNRC	B	-0.17%
PAYC	B	-0.16%
AOS	F	-0.13%
HII	D	-0.12%