JOET vs. MTUM ETF Comparison

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

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

$40.63

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.11

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JOET	MTUM
30 Days	7.96%	3.53%
60 Days	9.99%	6.25%
90 Days	13.18%	8.85%
12 Months	38.99%	43.02%

47 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in MTUM	Overlap
ACGL	D	0.69%	0.35%	0.35%
AFL	B	0.76%	0.78%	0.76%
ALL	A	0.79%	0.41%	0.41%
ANET	C	0.74%	1.17%	0.74%
APH	A	0.78%	0.97%	0.78%
APP	B	1.48%	0.74%	0.74%
AVGO	D	0.72%	4.72%	0.72%
AXON	A	1.04%	0.32%	0.32%
AXP	A	0.8%	1.53%	0.8%
BK	A	0.77%	0.48%	0.48%
BRO	B	0.8%	0.27%	0.27%
BSX	B	0.81%	1.25%	0.81%
CB	C	0.74%	0.9%	0.74%
CEG	D	0.67%	1.12%	0.67%
CFG	B	0.82%	0.11%	0.11%
COST	B	0.79%	3.63%	0.79%
CTAS	B	0.79%	0.91%	0.79%
DFS	B	0.86%	0.38%	0.38%
DHI	D	0.69%	0.37%	0.37%
DOV	A	0.78%	0.22%	0.22%
FITB	A	0.8%	0.25%	0.25%
GRMN	B	0.94%	0.42%	0.42%
HEI	B	0.85%	0.12%	0.12%
HEI	B	0.85%	0.16%	0.16%
HIG	B	0.79%	0.46%	0.46%
HWM	A	0.87%	0.73%	0.73%
IRM	D	0.69%	0.48%	0.48%
ISRG	A	0.8%	1.54%	0.8%
JPM	A	0.81%	5.48%	0.81%
KLAC	D	0.69%	0.8%	0.69%
LEN	D	0.73%	0.28%	0.28%
LLY	F	0.64%	3.82%	0.64%
MPWR	F	0.48%	0.24%	0.24%
NVDA	C	0.79%	5.34%	0.79%
NVR	D	0.74%	0.23%	0.23%
PGR	A	0.8%	1.88%	0.8%
PHM	D	0.73%	0.31%	0.31%
PLTR	B	1.05%	1.02%	1.02%
PWR	A	0.8%	0.43%	0.43%
RMD	C	0.74%	0.29%	0.29%
RSG	A	0.8%	0.36%	0.36%
SYF	B	0.86%	0.22%	0.22%
TT	A	0.79%	1.13%	0.79%
VRT	B	0.92%	0.63%	0.63%
WAB	B	0.77%	0.33%	0.33%
WELL	A	0.8%	0.84%	0.8%
WMT	A	0.8%	4.93%	0.8%

JOET Overweight 78 Positions Relative to MTUM

Symbol	Grade	Weight
COIN	C	1.12%
UAL	A	0.94%
IBKR	A	0.94%
SPOT	B	0.93%
SQ	B	0.91%
FCNCA	A	0.89%
NFLX	A	0.89%
RCL	A	0.88%
CRWD	B	0.88%
PODD	C	0.87%
FTNT	C	0.87%
DAL	C	0.87%
DOCU	A	0.86%
APO	B	0.85%
ORCL	B	0.84%
PH	A	0.84%
HBAN	A	0.84%
CRM	B	0.84%
RF	A	0.83%
AMP	A	0.83%
RJF	A	0.83%
AMZN	C	0.82%
CMI	A	0.82%
MTB	A	0.82%
NOW	A	0.82%
SYK	C	0.82%
PANW	C	0.82%
FAST	B	0.81%
GWW	B	0.81%
DDOG	A	0.81%
VMC	B	0.81%
ADSK	A	0.81%
CINF	A	0.8%
BR	A	0.8%
NTRS	A	0.8%
IR	B	0.8%
GM	B	0.79%
TTD	B	0.79%
DECK	A	0.79%
WRB	A	0.79%
ETN	A	0.79%
ROL	B	0.79%
BRK.A	B	0.78%
PCAR	B	0.78%
TW	A	0.78%
SPGI	C	0.78%
MLM	B	0.77%
PYPL	B	0.77%
TRV	B	0.77%
TSCO	D	0.76%
IT	C	0.76%
MA	C	0.76%
CARR	D	0.75%
EXR	D	0.75%
ACN	C	0.75%
PSA	D	0.75%
HUBB	B	0.75%
URI	B	0.75%
PFG	D	0.75%
CMG	B	0.74%
ROST	C	0.74%
MSFT	F	0.74%
CAT	B	0.74%
META	D	0.74%
MELI	D	0.71%
XYL	D	0.71%
ADI	D	0.7%
AMAT	F	0.7%
GD	F	0.7%
CPNG	D	0.7%
O	D	0.7%
UBER	D	0.68%
QCOM	F	0.68%
FSLR	F	0.68%
AMD	F	0.65%
NU	C	0.65%
CHKP	D	0.64%
SMCI	F	0.41%

JOET Underweight 77 Positions Relative to MTUM

Symbol	Grade	Weight
GE	D	-2.96%
PM	B	-2.93%
KO	D	-2.71%
NEE	D	-2.24%
RTX	C	-2.19%
GS	A	-2.0%
TXN	C	-1.86%
LMT	D	-1.37%
KKR	A	-1.3%
MMM	D	-1.21%
MO	A	-1.19%
SO	D	-1.15%
TJX	A	-1.09%
C	A	-1.08%
MSI	B	-1.0%
VRTX	F	-0.95%
FI	A	-0.9%
MSTR	C	-0.89%
DUK	C	-0.88%
VST	B	-0.82%
NEM	D	-0.79%
CL	D	-0.79%
ICE	C	-0.72%
TDG	D	-0.7%
MCO	B	-0.7%
WMB	A	-0.63%
TRGP	B	-0.61%
FICO	B	-0.6%
AJG	B	-0.59%
PEG	A	-0.5%
DELL	C	-0.49%
AEP	D	-0.4%
EME	C	-0.38%
CBRE	B	-0.34%
GDDY	A	-0.34%
TPL	A	-0.33%
VTR	C	-0.31%
NTAP	C	-0.31%
VLTO	D	-0.31%
ALNY	D	-0.3%
KDP	D	-0.3%
AVB	B	-0.29%
K	A	-0.29%
NDAQ	A	-0.28%
NRG	B	-0.27%
EIX	B	-0.26%
EBAY	D	-0.25%
LDOS	C	-0.24%
LII	A	-0.24%
TYL	B	-0.23%
CSL	C	-0.23%
SW	A	-0.22%
EQR	B	-0.17%
PKG	A	-0.16%
IFF	D	-0.16%
ESS	B	-0.15%
IP	B	-0.15%
HOOD	B	-0.15%
UTHR	C	-0.15%
ERIE	D	-0.13%
MAA	B	-0.12%
UHS	D	-0.11%
DKS	C	-0.1%
DGX	A	-0.09%
NI	A	-0.09%
FNF	B	-0.08%
AMCR	D	-0.08%
DOC	D	-0.08%
FOXA	B	-0.07%
CPT	B	-0.07%
FOX	A	-0.07%
DVA	B	-0.07%
CHRW	C	-0.06%
ALLY	C	-0.06%
UDR	B	-0.05%
LNT	A	-0.05%
EQH	B	-0.03%