JOET vs. RND ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to First Trust Bloomberg R&D Leaders ETF (RND)

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

RND

First Trust Bloomberg R&D Leaders ETF

RND Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider, the index is designed to track the performance of companies that seek to return implicit value to shareholders by reinvesting in their own growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.24

Average Daily Volume

1,089

Number of Holdings ^*

49

* may have additional holdings in another (foreign) market

Performance

Period	JOET	RND
30 Days	7.96%	4.00%
60 Days	9.99%	4.69%
90 Days	13.18%	6.80%
12 Months	38.99%

24 Overlapping Holdings

	Symbol	Grade	Weight in JOET	Weight in RND	Overlap
	ADSK	A	0.81%	0.28%	0.28%
	AMAT	F	0.76%	0.61%	0.61%
	AMD	F	0.66%	0.96%	0.66%
	AMZN	C	0.85%	8.36%	0.85%
	ANET	C	0.75%	0.39%	0.39%
	AVGO	D	0.75%	3.71%	0.75%
	BSX	B	0.78%	1.97%	0.78%
	CARR	D	0.75%	0.92%	0.75%
	CAT	B	0.75%	2.77%	0.75%
	CMI	A	0.83%	0.73%	0.73%
	CRWD	B	0.87%	0.33%	0.33%
	ETN	A	0.8%	2.12%	0.8%
	FTNT	C	0.89%	0.25%	0.25%
	ISRG	A	0.8%	2.79%	0.8%
	LLY	F	0.67%	3.18%	0.67%
	META	D	0.76%	3.75%	0.76%
	MSFT	F	0.76%	7.47%	0.76%
	NFLX	A	0.85%	4.63%	0.85%
	NOW	A	0.84%	0.88%	0.84%
	NVDA	C	0.79%	8.92%	0.79%
	ORCL	B	0.82%	1.27%	0.82%
	PANW	C	0.83%	0.53%	0.53%
	TTD	B	0.8%	0.77%	0.77%
	UBER	D	0.7%	2.06%	0.7%

JOET Overweight 100 Positions Relative to RND

	Symbol	Grade	Weight
	APP	B	1.3%
	AXON	A	1.03%
	PLTR	B	1.0%
	COIN	C	0.98%
	GRMN	B	0.97%
	SPOT	B	0.94%
	UAL	A	0.91%
	DAL	C	0.89%
	IBKR	A	0.89%
	DOCU	A	0.88%
	SYF	B	0.87%
	RCL	A	0.87%
	CRM	B	0.86%
	APO	B	0.86%
	DFS	B	0.86%
	HEI	B	0.85%
	FCNCA	A	0.85%
	PH	A	0.85%
	PODD	C	0.85%
	SQ	B	0.85%
	HWM	A	0.84%
	HBAN	A	0.84%
	CFG	B	0.83%
	RF	A	0.83%
	GM	B	0.83%
	AMP	A	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%
	AXP	A	0.81%
	BR	A	0.81%
	VRT	B	0.81%
	GWW	B	0.81%
	FAST	B	0.81%
	JPM	A	0.81%
	FITB	A	0.81%
	SPGI	C	0.8%
	DOV	A	0.8%
	PGR	A	0.8%
	APH	A	0.8%
	BRO	B	0.8%
	CINF	A	0.79%
	ALL	A	0.79%
	COST	B	0.79%
	DDOG	A	0.79%
	NTRS	A	0.79%
	CTAS	B	0.79%
	IT	C	0.79%
	TT	A	0.79%
	DECK	A	0.79%
	RSG	A	0.79%
	WMT	A	0.78%
	WRB	A	0.78%
	PFG	D	0.78%
	MA	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%
	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%
	CMG	B	0.75%
	CB	C	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%
	KLAC	D	0.73%
	GD	F	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	D	0.69%
	IRM	D	0.67%
	CHKP	D	0.65%
	CEG	D	0.64%
	MPWR	F	0.49%
	SMCI	F	0.29%

JOET Underweight 25 Positions Relative to RND

	Symbol	Grade	Weight
	GOOGL	C	-8.17%
	AAPL	C	-7.56%
	TSLA	B	-5.0%
	BKNG	A	-2.51%
	VRTX	F	-1.77%
	GILD	C	-1.63%
	DE	A	-1.54%
	BA	F	-1.31%
	REGN	F	-1.21%
	ZTS	D	-1.1%
	ADBE	C	-0.94%
	CSCO	B	-0.9%
	DASH	A	-0.83%
	TXN	C	-0.8%
	INTU	C	-0.79%
	MSCI	C	-0.67%
	KVUE	A	-0.67%
	MU	D	-0.46%
	LRCX	F	-0.39%
	MSI	B	-0.35%
	SNPS	B	-0.35%
	CDNS	B	-0.34%
	MRVL	B	-0.33%
	NXPI	D	-0.24%
	WDAY	B	-0.23%

JOET: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Insurance - Property & Casualty Semiconductors Credit Services Diversified Industrials Asset Management Business Services Capital Markets Residential Construction Software - Infrastructure Aerospace & Defense Insurance - Diversified Medical Devices Specialty Industrial Machinery Specialty Retail Airlines Building Materials Discount Stores Electronic Components

Keywords: S&P 500 Nasdaq 100 Computing IBD 50 Insurance Banking Bank Electronics Mobile Devices Dow Jones Component Insurance Products Investment Bank Casualty Insurance Cloud Computing Disability Payment Systems Work From Home Cash Management Commercial Banking E Commerce

RND: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Biotechnology Communication Equipment Drug Manufacturers - Major Farm & Construction Equipment Internet Content & Information Semiconductor Equipment & Materials Aerospace & Defense Auto Manufacturers Building Products & Equipment Capital Markets Computer Systems Consumer Electronics Diversified Industrials Drug Manufacturers - Specialty & Generic Household & Personal Products Internet Content & Information Media - Diversified

Keywords: S&P 500 Nasdaq 100 Computing Work From Home Mobile Devices Semiconductor Dow Jones Component Integrated Circuits Operating System Smartphones Software Cloud Computing Electronics IBD 50 Telecommunications Consumer Electronics Ethernet Fabless Semiconductor Companies Hyperscale Medicine