JOET vs. FELV ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to Fidelity Enhanced Large Cap Value ETF (FELV)

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

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	JOET	FELV
30 Days	7.96%	4.38%
60 Days	9.99%	5.85%
90 Days	13.18%	7.57%
12 Months	38.99%	29.90%

53 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in FELV	Overlap
ACN	C	0.75%	0.34%	0.34%
ADI	D	0.7%	0.04%	0.04%
ALL	A	0.79%	0.19%	0.19%
AMAT	F	0.7%	0.42%	0.42%
AMD	F	0.65%	0.02%	0.02%
AMZN	C	0.82%	0.08%	0.08%
AVGO	D	0.72%	0.12%	0.12%
AXP	A	0.8%	0.2%	0.2%
BK	A	0.77%	0.63%	0.63%
BRK.A	B	0.78%	3.64%	0.78%
BSX	B	0.81%	0.19%	0.19%
CAT	B	0.74%	0.54%	0.54%
CEG	D	0.67%	0.17%	0.17%
CINF	A	0.8%	0.22%	0.22%
CMG	B	0.74%	0.07%	0.07%
CMI	A	0.82%	0.34%	0.34%
CRM	B	0.84%	0.22%	0.22%
CTAS	B	0.79%	0.43%	0.43%
DFS	B	0.86%	0.05%	0.05%
DHI	D	0.69%	0.03%	0.03%
DOCU	A	0.86%	0.22%	0.22%
ETN	A	0.79%	0.76%	0.76%
GD	F	0.7%	0.14%	0.14%
GRMN	B	0.94%	0.11%	0.11%
HWM	A	0.87%	0.12%	0.12%
JPM	A	0.81%	2.93%	0.81%
KLAC	D	0.69%	0.03%	0.03%
MA	C	0.76%	0.28%	0.28%
META	D	0.74%	0.21%	0.21%
NFLX	A	0.89%	0.19%	0.19%
NVDA	C	0.79%	0.17%	0.17%
PCAR	B	0.78%	0.39%	0.39%
PFG	D	0.75%	0.16%	0.16%
PGR	A	0.8%	0.35%	0.35%
PH	A	0.84%	0.12%	0.12%
PHM	D	0.73%	0.01%	0.01%
PSA	D	0.75%	0.52%	0.52%
PYPL	B	0.77%	0.79%	0.77%
QCOM	F	0.68%	0.5%	0.5%
RCL	A	0.88%	0.15%	0.15%
RJF	A	0.83%	0.03%	0.03%
ROST	C	0.74%	0.11%	0.11%
RSG	A	0.8%	0.66%	0.66%
SPGI	C	0.78%	0.63%	0.63%
SQ	B	0.91%	0.7%	0.7%
SYF	B	0.86%	0.03%	0.03%
SYK	C	0.82%	0.26%	0.26%
TRV	B	0.77%	0.28%	0.28%
TT	A	0.79%	0.52%	0.52%
UAL	A	0.94%	0.03%	0.03%
VMC	B	0.81%	0.28%	0.28%
WAB	B	0.77%	0.45%	0.45%
WMT	A	0.8%	1.76%	0.8%

JOET Overweight 71 Positions Relative to FELV

Symbol	Grade	Weight
APP	B	1.48%
COIN	C	1.12%
PLTR	B	1.05%
AXON	A	1.04%
IBKR	A	0.94%
SPOT	B	0.93%
VRT	B	0.92%
FCNCA	A	0.89%
CRWD	B	0.88%
PODD	C	0.87%
FTNT	C	0.87%
DAL	C	0.87%
HEI	B	0.85%
APO	B	0.85%
ORCL	B	0.84%
HBAN	A	0.84%
RF	A	0.83%
AMP	A	0.83%
CFG	B	0.82%
MTB	A	0.82%
NOW	A	0.82%
PANW	C	0.82%
FAST	B	0.81%
GWW	B	0.81%
DDOG	A	0.81%
ADSK	A	0.81%
FITB	A	0.8%
WELL	A	0.8%
BR	A	0.8%
NTRS	A	0.8%
BRO	B	0.8%
PWR	A	0.8%
ISRG	A	0.8%
IR	B	0.8%
GM	B	0.79%
TTD	B	0.79%
COST	B	0.79%
DECK	A	0.79%
HIG	B	0.79%
WRB	A	0.79%
ROL	B	0.79%
TW	A	0.78%
DOV	A	0.78%
APH	A	0.78%
MLM	B	0.77%
TSCO	D	0.76%
AFL	B	0.76%
IT	C	0.76%
CARR	D	0.75%
EXR	D	0.75%
HUBB	B	0.75%
URI	B	0.75%
ANET	C	0.74%
MSFT	F	0.74%
CB	C	0.74%
RMD	C	0.74%
NVR	D	0.74%
LEN	D	0.73%
MELI	D	0.71%
XYL	D	0.71%
CPNG	D	0.7%
O	D	0.7%
ACGL	D	0.69%
IRM	D	0.69%
UBER	D	0.68%
FSLR	F	0.68%
NU	C	0.65%
LLY	F	0.64%
CHKP	D	0.64%
MPWR	F	0.48%
SMCI	F	0.41%

JOET Underweight 279 Positions Relative to FELV

Symbol	Grade	Weight
XOM	B	-2.51%
BAC	A	-1.77%
UNH	C	-1.57%
PM	B	-1.31%
PG	A	-1.24%
WFC	A	-1.22%
CMCSA	B	-1.13%
CSCO	B	-1.07%
GE	D	-1.05%
JNJ	D	-1.02%
T	A	-1.02%
GILD	C	-0.92%
SCHW	B	-0.88%
MU	D	-0.86%
PFE	D	-0.85%
ABBV	D	-0.85%
INTC	D	-0.85%
BMY	B	-0.84%
NEE	D	-0.81%
DIS	B	-0.8%
UNP	C	-0.75%
BDX	F	-0.74%
TMO	F	-0.73%
PNC	B	-0.7%
RTX	C	-0.7%
VZ	C	-0.68%
LMT	D	-0.64%
NOC	D	-0.63%
CVNA	B	-0.62%
MMM	D	-0.6%
CI	F	-0.6%
AON	A	-0.59%
SEIC	B	-0.58%
PPG	F	-0.57%
CCI	D	-0.57%
CME	A	-0.57%
NSC	B	-0.57%
TMUS	B	-0.56%
COP	C	-0.56%
ABT	B	-0.54%
CL	D	-0.54%
ALLE	D	-0.54%
MS	A	-0.54%
TXT	D	-0.53%
CVX	A	-0.53%
EOG	A	-0.53%
ZM	B	-0.52%
ECL	D	-0.5%
SSNC	B	-0.5%
DD	D	-0.48%
C	A	-0.48%
LDOS	C	-0.47%
COF	B	-0.47%
CACI	D	-0.46%
LIN	D	-0.46%
LHX	C	-0.45%
HD	A	-0.45%
DBX	B	-0.42%
MDT	D	-0.4%
PCG	A	-0.39%
UNM	A	-0.38%
MMC	B	-0.38%
ADBE	C	-0.37%
BLK	C	-0.37%
IGT	F	-0.36%
L	A	-0.35%
EXEL	B	-0.35%
TPH	D	-0.35%
EVRG	A	-0.35%
BRX	A	-0.35%
CSX	B	-0.34%
NUE	C	-0.34%
GS	A	-0.34%
DVN	F	-0.34%
FTV	C	-0.33%
LPX	B	-0.33%
STLD	B	-0.33%
F	C	-0.33%
ZBRA	B	-0.32%
KR	B	-0.31%
CVS	D	-0.3%
CAH	B	-0.3%
TWLO	A	-0.3%
BIIB	F	-0.3%
FR	C	-0.28%
MCD	D	-0.28%
DUK	C	-0.28%
VEEV	C	-0.28%
MO	A	-0.28%
TOL	B	-0.28%
GL	B	-0.28%
GEV	B	-0.28%
ANF	C	-0.28%
TJX	A	-0.28%
IBM	C	-0.27%
TDC	D	-0.27%
AME	A	-0.26%
WTW	B	-0.26%
VICI	C	-0.25%
CLX	B	-0.25%
GAP	C	-0.25%
XEL	A	-0.25%
SEE	C	-0.25%
FLS	B	-0.25%
WM	A	-0.25%
EXC	C	-0.24%
KMI	A	-0.24%
TFC	A	-0.24%
CNC	D	-0.23%
ED	D	-0.22%
Z	A	-0.22%
OC	A	-0.22%
DOC	D	-0.22%
INCY	C	-0.22%
SKYW	B	-0.21%
MGM	D	-0.21%
HPE	B	-0.21%
JCI	C	-0.21%
VMI	B	-0.2%
MSI	B	-0.2%
EQIX	A	-0.2%
PNR	A	-0.19%
DTE	C	-0.19%
USFD	A	-0.19%
FTI	A	-0.19%
MSCI	C	-0.19%
AAPL	C	-0.19%
KEY	B	-0.18%
SPG	B	-0.18%
ITT	A	-0.18%
ICE	C	-0.18%
TMHC	B	-0.18%
ZG	A	-0.18%
EIX	B	-0.17%
DHR	F	-0.17%
PRU	A	-0.17%
IQV	D	-0.17%
LNW	D	-0.17%
MKL	A	-0.17%
ACA	A	-0.17%
EQR	B	-0.17%
GEHC	F	-0.16%
TAP	C	-0.16%
QGEN	D	-0.16%
MEDP	D	-0.16%
TXN	C	-0.16%
CCK	C	-0.16%
AES	F	-0.16%
BBY	D	-0.15%
STT	A	-0.15%
CNP	B	-0.15%
ILMN	D	-0.15%
JXN	C	-0.15%
AMGN	D	-0.15%
OXY	D	-0.15%
WDC	D	-0.14%
KMB	D	-0.14%
AMT	D	-0.14%
HUM	C	-0.14%
HAL	C	-0.13%
PKG	A	-0.13%
WDAY	B	-0.13%
SWKS	F	-0.13%
CCL	B	-0.13%
ES	D	-0.13%
TROW	B	-0.13%
SOLV	C	-0.12%
NTAP	C	-0.12%
ITW	B	-0.12%
SO	D	-0.12%
WMB	A	-0.12%
EEFT	B	-0.12%
KHC	F	-0.12%
UHS	D	-0.12%
BLD	D	-0.11%
AIZ	A	-0.11%
QRVO	F	-0.11%
EA	A	-0.11%
ENS	D	-0.11%
BCC	B	-0.11%
ELV	F	-0.11%
AMH	D	-0.11%
BMRN	D	-0.11%
TPR	B	-0.1%
ADTN	A	-0.1%
ADM	D	-0.1%
BKR	B	-0.1%
CRC	B	-0.1%
ADP	B	-0.1%
PEG	A	-0.1%
MHO	D	-0.1%
FANG	D	-0.09%
A	D	-0.09%
TRGP	B	-0.09%
CNO	A	-0.09%
MTDR	B	-0.09%
WBD	C	-0.09%
KD	B	-0.09%
GPN	B	-0.09%
ACT	D	-0.09%
MCK	B	-0.09%
VRTX	F	-0.09%
CRUS	D	-0.09%
TENB	C	-0.08%
DASH	A	-0.08%
MKC	D	-0.08%
DELL	C	-0.08%
LH	C	-0.08%
HON	B	-0.08%
BBWI	D	-0.08%
IFF	D	-0.08%
ALRM	C	-0.08%
AEP	D	-0.08%
VST	B	-0.07%
REG	B	-0.07%
BYD	C	-0.07%
LYFT	C	-0.07%
LOW	D	-0.07%
WCC	B	-0.07%
NWL	B	-0.06%
NWSA	B	-0.06%
EW	C	-0.06%
UPS	C	-0.06%
LEG	F	-0.06%
ARW	D	-0.06%
VSTS	C	-0.06%
MDLZ	F	-0.06%
OGE	B	-0.06%
NMRK	B	-0.06%
TRMB	B	-0.05%
SAM	C	-0.05%
CTRA	B	-0.05%
FHI	A	-0.05%
GLPI	C	-0.05%
CW	B	-0.05%
PLTK	B	-0.05%
GIS	D	-0.05%
NEM	D	-0.05%
AM	A	-0.04%
VLTO	D	-0.04%
INGR	B	-0.04%
VAC	B	-0.04%
CSGP	D	-0.04%
HL	D	-0.04%
CWEN	C	-0.04%
BKH	A	-0.04%
CTRE	D	-0.04%
AXTA	A	-0.03%
MSA	D	-0.03%
TFX	F	-0.03%
RGA	A	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
ALKS	B	-0.03%
NWS	B	-0.03%
MATX	C	-0.03%
CWEN	C	-0.02%
AYI	B	-0.02%
SWI	B	-0.02%
OKTA	C	-0.02%
OGN	D	-0.02%
BERY	B	-0.02%
ITRI	B	-0.02%
BIO	D	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
TNL	A	-0.01%
TGT	F	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%
CXT	B	-0.01%
BLDR	D	-0.01%
ROP	B	-0.01%
DGX	A	-0.01%
ANSS	B	-0.01%
AXS	A	-0.01%
SON	D	-0.01%
GLW	B	-0.01%
M	D	-0.01%