JOET vs. WBIL ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to WBI Large Cap Tactical Select Shares (WBIL)

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

WBIL

WBI Large Cap Tactical Select Shares

WBIL Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$36.03

Average Daily Volume

1,633

Number of Holdings ^*

44

* may have additional holdings in another (foreign) market

Performance

Period	JOET	WBIL
30 Days	3.85%	2.36%
60 Days	7.85%	6.11%
90 Days	11.25%	6.20%
12 Months	36.25%	20.90%

21 Overlapping Holdings

	Symbol	Grade	Weight in JOET	Weight in WBIL	Overlap
	AMP	A	0.83%	4.99%	0.83%
	AMZN	B	0.85%	3.17%	0.85%
	ANET	C	0.75%	0.85%	0.75%
	BR	B	0.81%	2.14%	0.81%
	COST	A	0.79%	1.99%	0.79%
	CRM	B	0.86%	2.49%	0.86%
	CRWD	B	0.87%	4.74%	0.87%
	FAST	B	0.81%	1.08%	0.81%
	GWW	B	0.81%	1.07%	0.81%
	MELI	D	0.69%	1.7%	0.69%
	META	C	0.76%	0.97%	0.76%
	NFLX	A	0.85%	1.04%	0.85%
	NVDA	A	0.79%	3.63%	0.79%
	PH	B	0.85%	1.02%	0.85%
	PWR	A	0.78%	2.12%	0.78%
	QCOM	F	0.72%	1.99%	0.72%
	RMD	C	0.71%	1.97%	0.71%
	SPOT	B	0.94%	0.86%	0.86%
	TT	A	0.79%	0.87%	0.79%
	UBER	F	0.7%	3.79%	0.7%
	URI	B	0.78%	1.91%	0.78%

JOET Overweight 103 Positions Relative to WBIL

	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%
	RCL	A	0.87%
	APO	A	0.86%
	DFS	B	0.86%
	HEI	A	0.85%
	FCNCA	A	0.85%
	PODD	B	0.85%
	SQ	A	0.85%
	NOW	B	0.84%
	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%
	VMC	B	0.83%
	PCAR	C	0.82%
	SYK	A	0.82%
	MTB	A	0.82%
	RJF	A	0.82%
	ORCL	A	0.82%
	ROL	B	0.81%
	IR	B	0.81%
	AXP	B	0.81%
	VRT	A	0.81%
	ADSK	B	0.81%
	JPM	A	0.81%
	FITB	B	0.81%
	ETN	B	0.8%
	SPGI	D	0.8%
	DOV	B	0.8%
	ISRG	A	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%
	MA	B	0.78%
	PYPL	B	0.78%
	TSCO	D	0.78%
	HIG	B	0.78%
	WELL	A	0.78%
	WAB	B	0.78%
	BSX	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%
	MSFT	D	0.76%
	ACN	C	0.76%
	AMAT	F	0.76%
	NU	C	0.75%
	PSA	C	0.75%
	CMG	C	0.75%
	CB	C	0.75%
	AVGO	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%
	XYL	D	0.71%
	ADI	D	0.7%
	DHI	D	0.69%
	O	C	0.69%
	LLY	F	0.67%
	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 23 Positions Relative to WBIL

	Symbol	Grade	Weight
	MRVL	B	-4.78%
	SCHW	A	-4.7%
	AAPL	C	-4.45%
	FI	A	-4.3%
	LULU	C	-4.2%
	PINS	F	-3.9%
	EA	A	-3.74%
	BX	A	-2.33%
	FICO	B	-2.28%
	INTU	B	-2.16%
	ABBV	F	-1.94%
	LRCX	F	-1.86%
	TYL	B	-1.8%
	SBUX	A	-1.78%
	PM	A	-1.75%
	PAYX	B	-1.04%
	TJX	A	-0.93%
	AGZD	A	-0.74%
	FLTR	A	-0.73%
	FALN	A	-0.72%
	FTSL	A	-0.67%
	STIP	A	-0.52%
	BKLN	A	-0.32%

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

WBIL: Top Represented Industries & Keywords

Industries: Software - Application Business Services Internet Content & Information Semiconductors Apparel Stores Asset Management Industrial Distribution Software - Infrastructure Specialty Retail Capital Markets Computer Systems Consumer Electronics Discount Stores Diversified Industrials Drug Manufacturers - Major Electronic Gaming & Multimedia Engineering & Construction Media - Diversified Medical Instruments & Supplies Rental & Leasing Services

Keywords: S&P 500 Nasdaq 100 Exchange Traded Fund Computing ETF IBD 50 Dow Jones Component Mobile Devices Bond Cloud Computing E Commerce Fabless Semiconductor Companies Integrated Circuits Online Shopping Operating System Payment Systems Smartphones Software As A Service Streaming Services Accounting Software