JOET vs. USD ETF Comparison

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

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

$36.56

Average Daily Volume

24,522

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

USD

ProShares Ultra Semiconductors

USD Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Dow Jones U.S. SemiconductorsSM 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 measures the performance of the semiconductor sub-sector of the U.S. equity market. Component companies are engaged in the production of semiconductors and other integrated chips, as well as other related products such as semi-conductor capital equipment and mother-boards. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$111.75

Average Daily Volume

727,900

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	USD
30 Days	3.15%	-15.02%
60 Days	4.55%	-18.19%
90 Days	6.83%	-23.77%
12 Months	31.37%	212.66%

10 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in USD	Overlap
ADI	C	0.76%	1.42%	0.76%
AMAT	D	0.68%	1.96%	0.68%
AMD	D	0.8%	3.07%	0.8%
AVGO	C	0.77%	8.75%	0.77%
KLAC	D	0.71%	1.28%	0.71%
LRCX	F	0.64%	1.27%	0.64%
MPWR	C	0.81%	0.55%	0.55%
NVDA	D	0.75%	36.5%	0.75%
NXPI	D	0.7%	0.75%	0.7%
QCOM	F	0.7%	2.36%	0.7%

JOET Overweight 114 Positions Relative to USD

Symbol	Grade	Weight
PLTR	A	1.0%
MELI	B	0.96%
PSA	B	0.94%
WELL	C	0.92%
AXON	A	0.91%
IRM	B	0.91%
AFL	C	0.9%
ACGL	B	0.9%
PGR	A	0.9%
CPNG	A	0.89%
LLY	C	0.88%
ORCL	B	0.88%
HWM	B	0.88%
NU	B	0.87%
CINF	C	0.87%
APP	B	0.87%
ROL	C	0.87%
MA	B	0.87%
TRV	B	0.87%
COST	B	0.86%
ISRG	C	0.86%
V	C	0.86%
SYK	C	0.86%
WRB	C	0.85%
META	A	0.85%
HEI	A	0.85%
CMG	C	0.85%
CME	C	0.85%
NFLX	B	0.84%
TW	B	0.84%
ADSK	C	0.84%
UBER	C	0.84%
CTAS	C	0.84%
CB	B	0.84%
EXR	B	0.84%
TTD	B	0.84%
TJX	C	0.83%
AJG	D	0.83%
CPAY	C	0.83%
DHI	C	0.83%
NVR	B	0.83%
IT	A	0.83%
SPGI	A	0.83%
PANW	C	0.83%
MMC	C	0.83%
HIG	B	0.83%
EXPE	C	0.82%
PH	A	0.82%
BRK.A	C	0.82%
TT	A	0.82%
PG	C	0.82%
CEG	A	0.81%
RCL	A	0.81%
ELV	C	0.81%
HUBB	A	0.81%
CHKP	A	0.81%
NOW	A	0.81%
BRO	C	0.81%
CMI	C	0.8%
LEN	C	0.8%
PHM	B	0.8%
ANET	A	0.8%
CTSH	C	0.8%
IBKR	A	0.8%
GWW	A	0.79%
TYL	C	0.79%
AAPL	C	0.79%
GRMN	D	0.79%
DECK	D	0.78%
KKR	A	0.78%
AXP	B	0.78%
INTU	C	0.78%
RF	B	0.77%
AMZN	C	0.77%
AMP	B	0.77%
CDNS	D	0.77%
NTRS	B	0.77%
CRWD	D	0.76%
EPD	B	0.76%
JPM	D	0.76%
FITB	B	0.76%
CPRT	D	0.76%
PWR	B	0.76%
MSFT	C	0.76%
FAST	C	0.76%
APH	C	0.75%
PCAR	D	0.75%
CAT	B	0.75%
MTB	A	0.75%
AME	C	0.75%
PTC	D	0.75%
MKL	C	0.74%
HBAN	B	0.74%
XOM	D	0.74%
VRTX	D	0.74%
EOG	D	0.73%
URI	B	0.73%
DFS	B	0.72%
FSLR	C	0.72%
XYL	D	0.72%
CFG	C	0.72%
SYF	C	0.71%
GOOGL	D	0.7%
IR	C	0.7%
PSX	D	0.7%
FCNCA	D	0.68%
ICLR	D	0.68%
APO	B	0.68%
SNPS	D	0.67%
FANG	D	0.67%
VLO	F	0.67%
HES	D	0.66%
STLD	D	0.65%
SMCI	F	0.45%

JOET Underweight 24 Positions Relative to USD

Symbol	Grade	Weight
TXN	C	-2.34%
MU	F	-1.27%
INTC	F	-1.06%
MRVL	C	-0.82%
MCHP	D	-0.53%
ON	F	-0.39%
TER	D	-0.26%
SWKS	F	-0.21%
ENTG	D	-0.21%
ENPH	D	-0.19%
QRVO	F	-0.13%
OLED	C	-0.11%
MKSI	F	-0.09%
CRUS	D	-0.09%
LSCC	D	-0.08%
RMBS	F	-0.06%
AMKR	F	-0.04%
ACLS	F	-0.04%
POWI	F	-0.04%
GFS	F	-0.04%
SLAB	D	-0.04%
ALGM	F	-0.03%
WOLF	F	-0.01%
SEDG	F	-0.01%