JOET vs. FXR ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to First Trust Industrials AlphaDEX (FXR)

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

$36.56

Average Daily Volume

24,284

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$75.08

Average Daily Volume

65,499

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	JOET	FXR
30 Days	1.95%	3.19%
60 Days	4.31%	4.71%
90 Days	5.26%	7.89%
12 Months	25.74%	27.02%

16 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in FXR	Overlap
AME	C	0.75%	0.23%	0.23%
AXON	B	0.91%	0.84%	0.84%
AXP	B	0.78%	1.3%	0.78%
CAT	C	0.75%	0.69%	0.69%
CMI	C	0.8%	0.5%	0.5%
CTAS	C	0.84%	0.8%	0.8%
GWW	B	0.79%	0.25%	0.25%
HEI	B	0.85%	1.35%	0.85%
HUBB	B	0.81%	0.25%	0.25%
HWM	B	0.88%	1.44%	0.88%
PCAR	D	0.75%	1.09%	0.75%
PH	B	0.82%	0.55%	0.55%
PWR	B	0.76%	1.23%	0.76%
SYF	C	0.71%	1.15%	0.71%
TT	B	0.82%	1.28%	0.82%
URI	B	0.73%	1.04%	0.73%

JOET Overweight 108 Positions Relative to FXR

Symbol	Grade	Weight
PLTR	B	1.0%
MELI	B	0.96%
PSA	B	0.94%
WELL	B	0.92%
IRM	B	0.91%
AFL	B	0.9%
ACGL	B	0.9%
PGR	A	0.9%
CPNG	B	0.89%
LLY	C	0.88%
ORCL	B	0.88%
NU	B	0.87%
CINF	B	0.87%
APP	B	0.87%
ROL	C	0.87%
MA	B	0.87%
TRV	B	0.87%
COST	C	0.86%
ISRG	C	0.86%
V	B	0.86%
SYK	C	0.86%
WRB	C	0.85%
META	A	0.85%
CMG	C	0.85%
CME	C	0.85%
NFLX	B	0.84%
TW	A	0.84%
ADSK	B	0.84%
UBER	C	0.84%
CB	B	0.84%
EXR	B	0.84%
TTD	B	0.84%
TJX	C	0.83%
AJG	C	0.83%
CPAY	B	0.83%
DHI	B	0.83%
NVR	B	0.83%
IT	B	0.83%
SPGI	B	0.83%
PANW	D	0.83%
MMC	C	0.83%
HIG	A	0.83%
EXPE	C	0.82%
BRK.A	C	0.82%
PG	C	0.82%
CEG	C	0.81%
RCL	B	0.81%
MPWR	C	0.81%
ELV	C	0.81%
CHKP	C	0.81%
NOW	A	0.81%
BRO	C	0.81%
LEN	B	0.8%
AMD	F	0.8%
PHM	B	0.8%
ANET	B	0.8%
CTSH	C	0.8%
IBKR	B	0.8%
TYL	C	0.79%
AAPL	D	0.79%
GRMN	D	0.79%
DECK	C	0.78%
KKR	B	0.78%
INTU	D	0.78%
AVGO	C	0.77%
RF	B	0.77%
AMZN	C	0.77%
AMP	B	0.77%
CDNS	D	0.77%
NTRS	B	0.77%
ADI	D	0.76%
CRWD	F	0.76%
EPD	A	0.76%
JPM	D	0.76%
FITB	B	0.76%
CPRT	D	0.76%
MSFT	C	0.76%
FAST	C	0.76%
APH	D	0.75%
MTB	B	0.75%
NVDA	D	0.75%
PTC	D	0.75%
MKL	C	0.74%
HBAN	B	0.74%
XOM	D	0.74%
VRTX	D	0.74%
EOG	D	0.73%
DFS	C	0.72%
FSLR	C	0.72%
XYL	D	0.72%
CFG	D	0.72%
KLAC	D	0.71%
NXPI	D	0.7%
GOOGL	D	0.7%
IR	C	0.7%
PSX	D	0.7%
QCOM	D	0.7%
AMAT	D	0.68%
FCNCA	D	0.68%
ICLR	D	0.68%
APO	C	0.68%
SNPS	D	0.67%
FANG	D	0.67%
VLO	D	0.67%
HES	D	0.66%
STLD	D	0.65%
LRCX	F	0.64%
SMCI	F	0.45%

JOET Underweight 118 Positions Relative to FXR

Symbol	Grade	Weight
BLDR	C	-1.46%
G	C	-1.42%
ALSN	B	-1.35%
TTEK	C	-1.35%
GPN	D	-1.34%
SNDR	B	-1.32%
GPK	B	-1.31%
FIX	B	-1.3%
SON	C	-1.26%
EME	B	-1.25%
GTES	C	-1.25%
SNA	B	-1.25%
BC	C	-1.24%
CNH	C	-1.19%
MDU	B	-1.18%
BAH	B	-1.17%
FICO	A	-1.17%
SLGN	B	-1.11%
EXP	B	-1.1%
OC	C	-1.09%
AGCO	D	-1.08%
OSK	D	-1.07%
AL	D	-1.06%
BERY	B	-1.06%
TDY	C	-1.04%
R	B	-1.02%
LII	B	-1.01%
AAON	B	-1.0%
MIDD	C	-1.0%
FOUR	C	-1.0%
TDG	B	-0.99%
DE	B	-0.99%
HII	C	-0.99%
GE	B	-0.99%
SPR	D	-0.97%
AYI	B	-0.97%
DOV	B	-0.96%
KNX	C	-0.95%
TXT	D	-0.95%
CSL	C	-0.94%
WCC	C	-0.93%
MSM	D	-0.93%
COF	C	-0.93%
FDX	C	-0.9%
MLM	D	-0.89%
ADTN	F	-0.86%
PYPL	B	-0.82%
LPX	B	-0.79%
PNR	B	-0.79%
PKG	B	-0.77%
ATI	C	-0.76%
AWI	B	-0.74%
JBHT	D	-0.73%
BWXT	D	-0.7%
SSD	C	-0.7%
VRSK	D	-0.69%
CSX	D	-0.68%
RHI	D	-0.67%
DCI	D	-0.67%
DOW	D	-0.66%
KEX	C	-0.66%
AOS	C	-0.66%
WU	D	-0.66%
XPO	D	-0.66%
BLD	D	-0.65%
CACC	D	-0.63%
MKSI	F	-0.59%
LMT	C	-0.58%
NVT	D	-0.57%
CCK	A	-0.57%
VNT	D	-0.57%
ALLE	B	-0.55%
MAS	B	-0.55%
CNM	F	-0.54%
AMCR	C	-0.53%
ATR	B	-0.51%
BALL	C	-0.51%
JKHY	B	-0.5%
ESAB	C	-0.49%
GGG	C	-0.49%
FCN	C	-0.48%
WSC	D	-0.48%
ITT	C	-0.48%
AZEK	C	-0.47%
PPG	C	-0.47%
LFUS	D	-0.46%
GXO	D	-0.46%
FTV	C	-0.46%
IEX	D	-0.46%
UPS	D	-0.45%
EEFT	D	-0.45%
LECO	F	-0.44%
WMS	D	-0.42%
RTX	C	-0.27%
HAYW	C	-0.26%
ACN	C	-0.26%
KEYS	C	-0.25%
UNP	B	-0.25%
RPM	B	-0.25%
RRX	C	-0.25%
CW	B	-0.25%
GD	B	-0.24%
ITW	B	-0.24%
WAB	A	-0.24%
JCI	B	-0.24%
NDSN	C	-0.24%
EXPD	B	-0.23%
DD	B	-0.23%
LHX	D	-0.23%
J	D	-0.23%
WWD	D	-0.22%
SEE	D	-0.22%
FLS	D	-0.22%
HON	D	-0.22%
LSTR	D	-0.22%
EMR	D	-0.21%
MSA	C	-0.21%
SAIA	D	-0.2%