JOET vs. GARP ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to iShares MSCI USA Quality GARP ETF (GARP)

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

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	JOET	GARP
30 Days	7.96%	6.13%
60 Days	9.99%	5.15%
90 Days	13.18%	6.86%
12 Months	38.99%	42.31%

45 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in GARP	Overlap
ACGL	D	0.72%	0.32%	0.32%
ADSK	A	0.81%	0.21%	0.21%
AMAT	F	0.76%	2.92%	0.76%
AMD	F	0.66%	1.42%	0.66%
AMP	A	0.83%	0.78%	0.78%
AMZN	C	0.85%	1.38%	0.85%
ANET	C	0.75%	0.32%	0.32%
APO	B	0.86%	0.56%	0.56%
APP	B	1.3%	0.37%	0.37%
AVGO	D	0.75%	4.77%	0.75%
AXON	A	1.03%	0.06%	0.06%
AXP	A	0.81%	0.47%	0.47%
CMG	B	0.75%	0.8%	0.75%
COIN	C	0.98%	0.07%	0.07%
CRM	B	0.86%	2.03%	0.86%
CRWD	B	0.87%	0.25%	0.25%
DAL	C	0.89%	0.09%	0.09%
DDOG	A	0.79%	0.12%	0.12%
DECK	A	0.79%	0.53%	0.53%
DOCU	A	0.88%	0.1%	0.1%
FTNT	C	0.89%	0.19%	0.19%
GWW	B	0.81%	1.02%	0.81%
HWM	A	0.84%	0.43%	0.43%
IT	C	0.79%	0.13%	0.13%
KLAC	D	0.73%	3.73%	0.73%
LLY	F	0.67%	2.66%	0.67%
MA	C	0.78%	4.23%	0.78%
MELI	D	0.69%	0.6%	0.6%
META	D	0.76%	4.29%	0.76%
MPWR	F	0.49%	0.09%	0.09%
MSFT	F	0.76%	4.71%	0.76%
NFLX	A	0.85%	0.52%	0.52%
NOW	A	0.84%	0.67%	0.67%
NVDA	C	0.79%	5.41%	0.79%
ORCL	B	0.82%	1.96%	0.82%
PANW	C	0.83%	0.4%	0.4%
PGR	A	0.8%	1.26%	0.8%
PLTR	B	1.0%	0.38%	0.38%
PODD	C	0.85%	0.05%	0.05%
QCOM	F	0.72%	1.16%	0.72%
RCL	A	0.87%	0.8%	0.8%
SMCI	F	0.29%	0.06%	0.06%
SQ	B	0.85%	0.13%	0.13%
UBER	D	0.7%	0.19%	0.19%
VRT	B	0.81%	0.36%	0.36%

JOET Overweight 79 Positions Relative to GARP

Symbol	Grade	Weight
GRMN	B	0.97%
SPOT	B	0.94%
UAL	A	0.91%
IBKR	A	0.89%
SYF	B	0.87%
DFS	B	0.86%
HEI	B	0.85%
FCNCA	A	0.85%
PH	A	0.85%
HBAN	A	0.84%
CMI	A	0.83%
CFG	B	0.83%
RF	A	0.83%
GM	B	0.83%
VMC	B	0.83%
PCAR	B	0.82%
SYK	C	0.82%
MTB	A	0.82%
RJF	A	0.82%
ROL	B	0.81%
IR	B	0.81%
BR	A	0.81%
FAST	B	0.81%
JPM	A	0.81%
FITB	A	0.81%
ETN	A	0.8%
SPGI	C	0.8%
DOV	A	0.8%
ISRG	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%
NTRS	A	0.79%
CTAS	B	0.79%
TT	A	0.79%
RSG	A	0.79%
WMT	A	0.78%
WRB	A	0.78%
PFG	D	0.78%
PYPL	B	0.78%
TSCO	D	0.78%
HIG	B	0.78%
URI	B	0.78%
WELL	A	0.78%
WAB	B	0.78%
BSX	B	0.78%
PWR	A	0.78%
BK	A	0.77%
TRV	B	0.77%
MLM	B	0.77%
BRK.A	B	0.77%
NVR	D	0.76%
AFL	B	0.76%
ACN	C	0.76%
NU	C	0.75%
PSA	D	0.75%
CB	C	0.75%
CARR	D	0.75%
CAT	B	0.75%
ROST	C	0.75%
LEN	D	0.74%
EXR	D	0.74%
CPNG	D	0.74%
HUBB	B	0.74%
TW	A	0.74%
GD	F	0.73%
PHM	D	0.73%
FSLR	F	0.72%
XYL	D	0.71%
RMD	C	0.71%
ADI	D	0.7%
DHI	D	0.69%
O	D	0.69%
IRM	D	0.67%
CHKP	D	0.65%
CEG	D	0.64%

JOET Underweight 100 Positions Relative to GARP

Symbol	Grade	Weight
TSLA	B	-6.23%
AAPL	C	-4.72%
ADBE	C	-4.42%
GOOGL	C	-3.1%
MRK	F	-2.09%
V	A	-2.04%
LRCX	F	-1.85%
GE	D	-1.64%
INTU	C	-1.24%
GOOG	C	-0.92%
ODFL	B	-0.85%
ABNB	C	-0.83%
LULU	C	-0.74%
IDXX	F	-0.68%
FLUT	A	-0.66%
SHW	A	-0.65%
GS	A	-0.55%
BKNG	A	-0.49%
CPRT	A	-0.48%
SLB	C	-0.43%
MANH	D	-0.38%
GEV	B	-0.37%
DASH	A	-0.37%
HAL	C	-0.37%
ULTA	F	-0.36%
TMUS	B	-0.36%
NXPI	D	-0.36%
WDAY	B	-0.36%
VRTX	F	-0.35%
EQT	B	-0.34%
WSM	B	-0.33%
EXPE	B	-0.32%
APTV	D	-0.29%
STLD	B	-0.29%
NUE	C	-0.29%
LII	A	-0.27%
TPL	A	-0.26%
CDNS	B	-0.26%
KKR	A	-0.26%
SNPS	B	-0.26%
CTRA	B	-0.26%
DELL	C	-0.24%
MCK	B	-0.22%
PAYC	B	-0.22%
DVN	F	-0.21%
CPAY	A	-0.21%
LPLA	A	-0.2%
FICO	B	-0.18%
GDDY	A	-0.17%
HES	B	-0.17%
APA	D	-0.16%
PTC	A	-0.15%
MRO	B	-0.14%
AZO	C	-0.14%
DKNG	B	-0.13%
TEAM	A	-0.13%
AMT	D	-0.13%
KNX	B	-0.13%
BURL	A	-0.12%
DT	C	-0.1%
ORLY	B	-0.1%
PSTG	D	-0.1%
ENTG	D	-0.1%
VEEV	C	-0.1%
TDG	D	-0.1%
H	B	-0.1%
IQV	D	-0.1%
FCX	D	-0.09%
HLT	A	-0.09%
DOW	F	-0.09%
FANG	D	-0.09%
JBL	B	-0.09%
DXCM	D	-0.08%
WBD	C	-0.07%
LNG	B	-0.07%
CE	F	-0.07%
TRGP	B	-0.06%
ZS	C	-0.06%
SBAC	D	-0.06%
MKL	A	-0.06%
ALNY	D	-0.05%
LW	C	-0.05%
ARES	A	-0.05%
MOH	F	-0.05%
ENPH	F	-0.05%
NBIX	C	-0.04%
OVV	B	-0.04%
INCY	C	-0.04%
FWONK	B	-0.03%
PINS	D	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
NRG	B	-0.03%
CTLT	B	-0.03%
LYV	A	-0.03%
IOT	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
DVA	B	-0.02%
CELH	F	-0.01%