JOET vs. XLF ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to SPDR Select Sector Fund - Financial (XLF)

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

$40.36

Average Daily Volume

28,193

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.68

Average Daily Volume

39,045,484

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	XLF
30 Days	6.28%	6.41%
60 Days	9.25%	10.28%
90 Days	11.89%	13.33%
12 Months	37.40%	44.57%

28 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in XLF	Overlap
ACGL	C	0.72%	0.54%	0.54%
AFL	B	0.76%	0.8%	0.76%
ALL	A	0.79%	0.75%	0.75%
AMP	A	0.83%	0.8%	0.8%
AXP	A	0.81%	2.36%	0.81%
BK	A	0.77%	0.83%	0.77%
BRK.A	B	0.77%	12.45%	0.77%
BRO	B	0.8%	0.38%	0.38%
CB	C	0.75%	1.57%	0.75%
CFG	B	0.83%	0.3%	0.3%
CINF	A	0.79%	0.34%	0.34%
DFS	B	0.86%	0.63%	0.63%
FITB	B	0.81%	0.46%	0.46%
HBAN	A	0.84%	0.37%	0.37%
HIG	B	0.78%	0.5%	0.5%
JPM	A	0.81%	10.0%	0.81%
MA	B	0.78%	6.24%	0.78%
MTB	A	0.82%	0.52%	0.52%
NTRS	A	0.79%	0.31%	0.31%
PFG	D	0.78%	0.27%	0.27%
PGR	A	0.8%	2.19%	0.8%
PYPL	B	0.78%	1.27%	0.78%
RF	A	0.83%	0.35%	0.35%
RJF	A	0.82%	0.43%	0.43%
SPGI	C	0.8%	2.38%	0.8%
SYF	B	0.87%	0.37%	0.37%
TRV	B	0.77%	0.85%	0.77%
WRB	A	0.78%	0.26%	0.26%

JOET Overweight 96 Positions Relative to XLF

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%
FTNT	C	0.89%
DAL	B	0.89%
IBKR	A	0.89%
DOCU	B	0.88%
CRWD	B	0.87%
RCL	A	0.87%
CRM	B	0.86%
APO	B	0.86%
HEI	A	0.85%
NFLX	A	0.85%
FCNCA	A	0.85%
PH	A	0.85%
PODD	C	0.85%
SQ	A	0.85%
AMZN	C	0.85%
NOW	A	0.84%
HWM	A	0.84%
CMI	A	0.83%
PANW	B	0.83%
GM	C	0.83%
VMC	B	0.83%
PCAR	B	0.82%
SYK	B	0.82%
ORCL	A	0.82%
ROL	B	0.81%
IR	B	0.81%
BR	A	0.81%
VRT	B	0.81%
GWW	B	0.81%
ADSK	A	0.81%
FAST	B	0.81%
ETN	A	0.8%
DOV	A	0.8%
ISRG	A	0.8%
APH	A	0.8%
TTD	B	0.8%
COST	A	0.79%
DDOG	A	0.79%
CTAS	B	0.79%
IT	C	0.79%
TT	A	0.79%
NVDA	B	0.79%
DECK	A	0.79%
RSG	A	0.79%
WMT	A	0.78%
TSCO	D	0.78%
URI	C	0.78%
WELL	A	0.78%
WAB	B	0.78%
BSX	A	0.78%
PWR	A	0.78%
MLM	C	0.77%
META	D	0.76%
NVR	D	0.76%
MSFT	D	0.76%
ACN	B	0.76%
AMAT	F	0.76%
NU	C	0.75%
ANET	C	0.75%
PSA	C	0.75%
CMG	B	0.75%
AVGO	D	0.75%
CARR	C	0.75%
CAT	B	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%
FSLR	F	0.72%
QCOM	F	0.72%
XYL	D	0.71%
RMD	C	0.71%
UBER	F	0.7%
ADI	D	0.7%
DHI	F	0.69%
MELI	C	0.69%
O	C	0.69%
LLY	F	0.67%
IRM	C	0.67%
AMD	F	0.66%
CHKP	C	0.65%
CEG	C	0.64%
MPWR	F	0.49%
SMCI	F	0.29%

JOET Underweight 44 Positions Relative to XLF

Symbol	Grade	Weight
V	A	-7.49%
BAC	A	-4.5%
WFC	A	-3.6%
GS	A	-2.7%
MS	A	-2.4%
BLK	B	-2.12%
BX	A	-1.9%
C	A	-1.89%
FI	A	-1.76%
SCHW	B	-1.74%
MMC	B	-1.58%
KKR	A	-1.48%
ICE	C	-1.31%
PNC	B	-1.2%
AON	A	-1.19%
CME	B	-1.17%
USB	A	-1.14%
MCO	B	-1.1%
COF	C	-1.02%
AJG	A	-0.94%
TFC	A	-0.9%
MET	A	-0.71%
AIG	B	-0.71%
FIS	C	-0.7%
MSCI	C	-0.69%
PRU	A	-0.65%
NDAQ	A	-0.47%
WTW	B	-0.46%
GPN	B	-0.43%
STT	B	-0.41%
TROW	B	-0.39%
CPAY	A	-0.37%
CBOE	C	-0.3%
FDS	B	-0.27%
KEY	B	-0.26%
EG	C	-0.23%
L	A	-0.22%
JKHY	D	-0.18%
AIZ	A	-0.16%
MKTX	D	-0.15%
ERIE	D	-0.15%
GL	C	-0.14%
IVZ	B	-0.12%
BEN	C	-0.1%