JOET vs. PGRO ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to Putnam Focused Large Cap Growth ETF (PGRO)

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

$39.43

Average Daily Volume

26,888

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

PGRO

Putnam Focused Large Cap Growth ETF

PGRO Description

The investment seeks capital appreciation. The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, it invests at least 80% of the fundâs net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fundâs investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a companyâs valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.77

Average Daily Volume

3,975

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	PGRO
30 Days	3.85%	2.41%
60 Days	7.85%	5.27%
90 Days	11.25%	6.69%
12 Months	36.25%	35.67%

18 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in PGRO	Overlap
AMAT	F	0.76%	1.55%	0.76%
AMZN	B	0.85%	8.36%	0.85%
AVGO	C	0.75%	4.19%	0.75%
CMG	C	0.75%	1.92%	0.75%
COST	A	0.79%	2.01%	0.79%
CRM	B	0.86%	2.11%	0.86%
ISRG	A	0.8%	1.89%	0.8%
LLY	F	0.67%	3.41%	0.67%
MA	B	0.78%	3.4%	0.78%
META	C	0.76%	3.97%	0.76%
MSFT	D	0.76%	12.43%	0.76%
NFLX	A	0.85%	2.21%	0.85%
NOW	B	0.84%	1.4%	0.84%
NVDA	A	0.79%	11.08%	0.79%
ORCL	A	0.82%	2.23%	0.82%
SPOT	B	0.94%	0.84%	0.84%
TT	A	0.79%	1.5%	0.79%
UBER	F	0.7%	1.62%	0.7%

JOET Overweight 106 Positions Relative to PGRO

Symbol	Grade	Weight
APP	A	1.3%
AXON	A	1.03%
PLTR	A	1.0%
COIN	A	0.98%
GRMN	B	0.97%
UAL	A	0.91%
FTNT	B	0.89%
DAL	A	0.89%
IBKR	A	0.89%
DOCU	B	0.88%
SYF	B	0.87%
CRWD	B	0.87%
RCL	A	0.87%
APO	A	0.86%
DFS	B	0.86%
HEI	A	0.85%
FCNCA	A	0.85%
PH	B	0.85%
PODD	B	0.85%
SQ	A	0.85%
HWM	A	0.84%
HBAN	B	0.84%
CMI	A	0.83%
PANW	B	0.83%
CFG	B	0.83%
RF	A	0.83%
GM	B	0.83%
AMP	A	0.83%
VMC	B	0.83%
PCAR	C	0.82%
SYK	A	0.82%
MTB	A	0.82%
RJF	A	0.82%
ROL	B	0.81%
IR	B	0.81%
AXP	B	0.81%
BR	B	0.81%
VRT	A	0.81%
GWW	B	0.81%
ADSK	B	0.81%
FAST	B	0.81%
JPM	A	0.81%
FITB	B	0.81%
ETN	B	0.8%
SPGI	D	0.8%
DOV	B	0.8%
PGR	B	0.8%
APH	B	0.8%
TTD	B	0.8%
BRO	B	0.8%
CINF	A	0.79%
ALL	A	0.79%
DDOG	A	0.79%
NTRS	A	0.79%
CTAS	B	0.79%
IT	C	0.79%
DECK	A	0.79%
RSG	A	0.79%
WMT	A	0.78%
WRB	B	0.78%
PFG	C	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	A	0.78%
PWR	A	0.78%
BK	B	0.77%
TRV	A	0.77%
MLM	B	0.77%
BRK.A	B	0.77%
NVR	D	0.76%
AFL	C	0.76%
ACN	C	0.76%
NU	C	0.75%
ANET	C	0.75%
PSA	C	0.75%
CB	C	0.75%
CARR	D	0.75%
CAT	C	0.75%
ROST	D	0.75%
LEN	D	0.74%
EXR	C	0.74%
CPNG	D	0.74%
HUBB	B	0.74%
TW	A	0.74%
KLAC	F	0.73%
GD	D	0.73%
PHM	D	0.73%
ACGL	D	0.72%
FSLR	F	0.72%
QCOM	F	0.72%
XYL	D	0.71%
RMD	C	0.71%
ADI	D	0.7%
DHI	D	0.69%
MELI	D	0.69%
O	C	0.69%
IRM	C	0.67%
AMD	F	0.66%
CHKP	D	0.65%
CEG	C	0.64%
MPWR	F	0.49%
SMCI	F	0.29%

JOET Underweight 14 Positions Relative to PGRO

Symbol	Grade	Weight
AAPL	C	-10.98%
GOOGL	B	-5.27%
V	A	-1.91%
CDNS	B	-1.71%
TSLA	A	-1.61%
AMT	D	-1.6%
SHW	C	-1.46%
WCN	A	-1.38%
DHR	D	-1.29%
CSGP	F	-1.11%
TDG	D	-1.1%
LYV	A	-0.93%
DKNG	B	-0.84%
IDXX	F	-0.78%