JOET vs. QLD ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to ProShares Ultra QQQ (QLD)

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

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.72

Average Daily Volume

2,632,901

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	JOET	QLD
30 Days	7.96%	6.38%
60 Days	9.99%	8.03%
90 Days	13.18%	8.70%
12 Months	38.99%	54.59%

27 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in QLD	Overlap
ADI	D	0.7%	0.48%	0.48%
ADSK	A	0.81%	0.31%	0.31%
AMAT	F	0.7%	0.69%	0.69%
AMD	F	0.65%	1.03%	0.65%
AMZN	C	0.82%	3.98%	0.82%
AVGO	D	0.72%	3.68%	0.72%
CEG	D	0.67%	0.32%	0.32%
COST	B	0.79%	1.89%	0.79%
CRWD	B	0.88%	0.37%	0.37%
CTAS	B	0.79%	0.41%	0.41%
DDOG	A	0.81%	0.18%	0.18%
FAST	B	0.81%	0.22%	0.22%
FTNT	C	0.87%	0.34%	0.34%
ISRG	A	0.8%	0.87%	0.8%
KLAC	D	0.69%	0.4%	0.4%
MELI	D	0.71%	0.45%	0.45%
META	D	0.74%	3.57%	0.74%
MSFT	F	0.74%	5.6%	0.74%
NFLX	A	0.89%	1.63%	0.89%
NVDA	C	0.79%	6.35%	0.79%
PANW	C	0.82%	0.6%	0.6%
PCAR	B	0.78%	0.28%	0.28%
PYPL	B	0.77%	0.41%	0.41%
QCOM	F	0.68%	0.82%	0.68%
ROST	C	0.74%	0.21%	0.21%
SMCI	F	0.41%	0.05%	0.05%
TTD	B	0.79%	0.26%	0.26%

JOET Overweight 97 Positions Relative to QLD

Symbol	Grade	Weight
APP	B	1.48%
COIN	C	1.12%
PLTR	B	1.05%
AXON	A	1.04%
GRMN	B	0.94%
UAL	A	0.94%
IBKR	A	0.94%
SPOT	B	0.93%
VRT	B	0.92%
SQ	B	0.91%
FCNCA	A	0.89%
RCL	A	0.88%
PODD	C	0.87%
DAL	C	0.87%
HWM	A	0.87%
DFS	B	0.86%
DOCU	A	0.86%
SYF	B	0.86%
HEI	B	0.85%
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%
CMI	A	0.82%
CFG	B	0.82%
MTB	A	0.82%
NOW	A	0.82%
SYK	C	0.82%
BSX	B	0.81%
JPM	A	0.81%
GWW	B	0.81%
VMC	B	0.81%
CINF	A	0.8%
FITB	A	0.8%
PGR	A	0.8%
WELL	A	0.8%
WMT	A	0.8%
BR	A	0.8%
NTRS	A	0.8%
AXP	A	0.8%
BRO	B	0.8%
PWR	A	0.8%
RSG	A	0.8%
IR	B	0.8%
GM	B	0.79%
DECK	A	0.79%
HIG	B	0.79%
ALL	A	0.79%
WRB	A	0.79%
ETN	A	0.79%
ROL	B	0.79%
TT	A	0.79%
BRK.A	B	0.78%
TW	A	0.78%
DOV	A	0.78%
APH	A	0.78%
SPGI	C	0.78%
MLM	B	0.77%
BK	A	0.77%
WAB	B	0.77%
TRV	B	0.77%
TSCO	D	0.76%
AFL	B	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%
ANET	C	0.74%
CB	C	0.74%
CAT	B	0.74%
RMD	C	0.74%
NVR	D	0.74%
PHM	D	0.73%
LEN	D	0.73%
XYL	D	0.71%
GD	F	0.7%
CPNG	D	0.7%
O	D	0.7%
DHI	D	0.69%
ACGL	D	0.69%
IRM	D	0.69%
UBER	D	0.68%
FSLR	F	0.68%
NU	C	0.65%
LLY	F	0.64%
CHKP	D	0.64%
MPWR	F	0.48%

JOET Underweight 74 Positions Relative to QLD

Symbol	Grade	Weight
AAPL	C	-6.06%
TSLA	B	-2.83%
GOOGL	C	-1.86%
GOOG	C	-1.79%
TMUS	B	-1.29%
CSCO	B	-1.09%
ADBE	C	-1.08%
PEP	F	-1.04%
LIN	D	-1.0%
INTU	C	-0.9%
TXN	C	-0.86%
CMCSA	B	-0.78%
BKNG	A	-0.77%
AMGN	D	-0.74%
HON	B	-0.69%
VRTX	F	-0.58%
ADP	B	-0.57%
GILD	C	-0.53%
SBUX	A	-0.52%
MU	D	-0.51%
INTC	D	-0.49%
LRCX	F	-0.44%
REGN	F	-0.4%
MDLZ	F	-0.4%
SNPS	B	-0.39%
CDNS	B	-0.38%
MAR	B	-0.37%
MRVL	B	-0.36%
PDD	F	-0.35%
ORLY	B	-0.33%
CSX	B	-0.32%
DASH	A	-0.31%
ASML	F	-0.29%
ROP	B	-0.28%
CHTR	C	-0.27%
ABNB	C	-0.27%
WDAY	B	-0.27%
CPRT	A	-0.26%
NXPI	D	-0.26%
FANG	D	-0.25%
MNST	C	-0.25%
PAYX	C	-0.24%
AEP	D	-0.23%
ODFL	B	-0.22%
KDP	D	-0.21%
BKR	B	-0.2%
EA	A	-0.2%
TEAM	A	-0.19%
CTSH	B	-0.19%
VRSK	A	-0.19%
XEL	A	-0.18%
GEHC	F	-0.18%
LULU	C	-0.18%
KHC	F	-0.18%
AZN	D	-0.17%
EXC	C	-0.17%
IDXX	F	-0.16%
MCHP	D	-0.16%
CCEP	C	-0.16%
ZS	C	-0.15%
TTWO	A	-0.15%
ANSS	B	-0.14%
CSGP	D	-0.14%
DXCM	D	-0.13%
ON	D	-0.13%
ILMN	D	-0.11%
GFS	C	-0.11%
WBD	C	-0.11%
BIIB	F	-0.11%
CDW	F	-0.11%
MDB	C	-0.1%
ARM	D	-0.08%
MRNA	F	-0.07%
DLTR	F	-0.06%