JOET vs. IQRA ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

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

$39.34

Average Daily Volume

25,988

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$26.61

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	IQRA
30 Days	4.46%	-3.71%
60 Days	9.98%	-3.35%
90 Days	12.40%	1.64%
12 Months	36.98%	18.81%

6 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in IQRA	Overlap
CEG	D	0.7%	0.48%	0.48%
EXR	D	0.8%	1.0%	0.8%
IRM	D	0.78%	0.92%	0.78%
O	D	0.77%	3.83%	0.77%
PSA	D	0.81%	0.5%	0.5%
WELL	B	0.83%	2.06%	0.83%

JOET Overweight 118 Positions Relative to IQRA

Symbol	Grade	Weight
GRMN	A	0.98%
PLTR	B	0.91%
PH	A	0.84%
UAL	A	0.84%
DAL	A	0.84%
FSLR	F	0.84%
VMC	B	0.84%
AMZN	A	0.84%
CMI	A	0.84%
RCL	A	0.83%
CPNG	B	0.83%
DOCU	B	0.83%
SYK	A	0.83%
BRO	B	0.83%
TSCO	D	0.82%
IBKR	A	0.82%
ROL	C	0.82%
NOW	A	0.82%
APO	B	0.82%
ANET	C	0.82%
PODD	B	0.82%
WAB	B	0.81%
PANW	B	0.81%
AVGO	C	0.81%
WMT	A	0.81%
CRM	B	0.81%
APH	B	0.81%
PGR	A	0.81%
GWW	B	0.81%
AXP	B	0.81%
MELI	D	0.81%
HEI	A	0.81%
NVR	D	0.81%
LEN	D	0.81%
ADSK	B	0.81%
GM	B	0.81%
FAST	B	0.81%
NFLX	A	0.81%
CRWD	B	0.81%
BR	A	0.81%
FCNCA	B	0.8%
IT	B	0.8%
HWM	B	0.8%
DOV	A	0.8%
COST	B	0.8%
SYF	B	0.8%
AMP	A	0.8%
CTAS	B	0.8%
PWR	B	0.8%
SPGI	C	0.8%
AMAT	F	0.8%
IR	A	0.8%
MLM	B	0.8%
TTD	B	0.8%
RSG	B	0.8%
ISRG	A	0.8%
BSX	A	0.8%
PCAR	B	0.8%
HIG	C	0.79%
HBAN	A	0.79%
CFG	B	0.79%
RJF	A	0.79%
DDOG	B	0.79%
VRT	B	0.79%
META	B	0.79%
AXON	B	0.79%
DFS	B	0.79%
BK	B	0.79%
TT	B	0.79%
KLAC	F	0.79%
APP	B	0.79%
ROST	D	0.79%
NTRS	A	0.79%
MA	B	0.79%
PHM	D	0.79%
SPOT	A	0.79%
NVDA	A	0.79%
RMD	C	0.79%
ORCL	A	0.79%
WRB	B	0.79%
SQ	B	0.78%
GD	C	0.78%
ETN	B	0.78%
CARR	C	0.78%
PFG	C	0.78%
HUBB	C	0.78%
ALL	B	0.78%
MTB	A	0.78%
FITB	A	0.78%
CAT	B	0.78%
RF	A	0.78%
JPM	A	0.78%
TW	B	0.78%
DHI	D	0.77%
AFL	C	0.77%
QCOM	F	0.77%
MSFT	C	0.77%
FTNT	B	0.77%
DECK	B	0.77%
URI	B	0.77%
TRV	B	0.77%
BRK.A	B	0.77%
CINF	A	0.77%
NU	B	0.76%
PYPL	A	0.76%
UBER	F	0.76%
CB	C	0.76%
ACN	B	0.76%
XYL	F	0.75%
ADI	D	0.75%
CMG	B	0.74%
ACGL	C	0.73%
COIN	B	0.72%
LLY	F	0.72%
AMD	F	0.71%
MPWR	F	0.68%
CHKP	C	0.66%
SMCI	F	0.46%

JOET Underweight 41 Positions Relative to IQRA

Symbol	Grade	Weight
SPG	A	-5.24%
EQIX	B	-3.7%
TRGP	B	-3.35%
CSX	B	-2.74%
WEC	B	-2.63%
SUI	F	-2.15%
NEE	D	-2.09%
AMT	F	-1.97%
PPL	A	-1.57%
PCG	A	-1.55%
HST	D	-1.44%
REG	A	-1.31%
CUBE	D	-1.3%
DLR	C	-1.2%
UE	B	-1.04%
ATO	B	-1.02%
ADC	A	-1.01%
PAGP	C	-0.94%
CMS	D	-0.92%
XEL	A	-0.9%
ESRT	D	-0.89%
WTRG	C	-0.87%
REXR	F	-0.84%
OGE	B	-0.84%
CNI	F	-0.82%
VICI	D	-0.79%
SRE	B	-0.77%
DTE	D	-0.76%
EVRG	A	-0.75%
NSC	B	-0.74%
AES	F	-0.71%
COLD	F	-0.71%
CNP	B	-0.66%
CPK	A	-0.63%
BRX	A	-0.62%
AEE	B	-0.53%
ALE	A	-0.41%
INVH	D	-0.41%
KMI	B	-0.35%
POR	D	-0.34%
FCPT	C	-0.32%