JOET vs. XLK ETF Comparison

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

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

24,284

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$224.65

Average Daily Volume

5,583,382

Number of Holdings ^*

66

* may have additional holdings in another (foreign) market

Performance

Period	JOET	XLK
30 Days	1.95%	-3.50%
60 Days	4.31%	-1.68%
90 Days	5.26%	-4.92%
12 Months	25.74%	29.03%

28 Overlapping Holdings

	Symbol	Grade	Weight in JOET	Weight in XLK	Overlap
	AAPL	D	0.79%	4.89%	0.79%
	ADI	D	0.76%	1.16%	0.76%
	ADSK	B	0.84%	0.58%	0.58%
	AMAT	D	0.68%	1.6%	0.68%
	AMD	F	0.8%	2.56%	0.8%
	ANET	B	0.8%	0.95%	0.8%
	APH	D	0.75%	0.8%	0.75%
	AVGO	C	0.77%	4.42%	0.77%
	CDNS	D	0.77%	0.77%	0.77%
	CRWD	F	0.76%	0.62%	0.62%
	CTSH	C	0.8%	0.4%	0.4%
	FSLR	C	0.72%	0.27%	0.27%
	INTU	D	0.78%	1.9%	0.78%
	IT	B	0.83%	0.41%	0.41%
	KLAC	D	0.71%	1.04%	0.71%
	LRCX	F	0.64%	1.03%	0.64%
	MPWR	C	0.81%	0.46%	0.46%
	MSFT	C	0.76%	21.88%	0.76%
	NOW	A	0.81%	1.91%	0.81%
	NVDA	D	0.75%	20.2%	0.75%
	NXPI	D	0.7%	0.61%	0.61%
	ORCL	B	0.88%	2.71%	0.88%
	PANW	D	0.83%	1.17%	0.83%
	PTC	D	0.75%	0.22%	0.22%
	QCOM	D	0.7%	1.94%	0.7%
	SMCI	F	0.45%	0.23%	0.23%
	SNPS	D	0.67%	0.78%	0.67%
	TYL	C	0.79%	0.26%	0.26%

JOET Overweight 96 Positions Relative to XLK

	Symbol	Grade	Weight
	PLTR	B	1.0%
	MELI	B	0.96%
	PSA	B	0.94%
	WELL	B	0.92%
	AXON	B	0.91%
	IRM	B	0.91%
	AFL	B	0.9%
	ACGL	B	0.9%
	PGR	A	0.9%
	CPNG	B	0.89%
	LLY	C	0.88%
	HWM	B	0.88%
	NU	B	0.87%
	CINF	B	0.87%
	APP	B	0.87%
	ROL	C	0.87%
	MA	B	0.87%
	TRV	B	0.87%
	COST	C	0.86%
	ISRG	C	0.86%
	V	B	0.86%
	SYK	C	0.86%
	WRB	C	0.85%
	META	A	0.85%
	HEI	B	0.85%
	CMG	C	0.85%
	CME	C	0.85%
	NFLX	B	0.84%
	TW	A	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	C	0.83%
	CPAY	B	0.83%
	DHI	B	0.83%
	NVR	B	0.83%
	SPGI	B	0.83%
	MMC	C	0.83%
	HIG	A	0.83%
	EXPE	C	0.82%
	PH	B	0.82%
	BRK.A	C	0.82%
	TT	B	0.82%
	PG	C	0.82%
	CEG	C	0.81%
	RCL	B	0.81%
	ELV	C	0.81%
	HUBB	B	0.81%
	CHKP	C	0.81%
	BRO	C	0.81%
	CMI	C	0.8%
	LEN	B	0.8%
	PHM	B	0.8%
	IBKR	B	0.8%
	GWW	B	0.79%
	GRMN	D	0.79%
	DECK	C	0.78%
	KKR	B	0.78%
	AXP	B	0.78%
	RF	B	0.77%
	AMZN	C	0.77%
	AMP	B	0.77%
	NTRS	B	0.77%
	EPD	A	0.76%
	JPM	D	0.76%
	FITB	B	0.76%
	CPRT	D	0.76%
	PWR	B	0.76%
	FAST	C	0.76%
	PCAR	D	0.75%
	CAT	C	0.75%
	MTB	B	0.75%
	AME	C	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	C	0.72%
	XYL	D	0.72%
	CFG	D	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	C	0.68%
	FANG	D	0.67%
	VLO	D	0.67%
	HES	D	0.66%
	STLD	D	0.65%

JOET Underweight 38 Positions Relative to XLK

	Symbol	Grade	Weight
	ADBE	D	-2.76%
	CRM	D	-2.59%
	ACN	C	-2.31%
	CSCO	B	-2.11%
	IBM	B	-2.04%
	TXN	C	-1.88%
	MU	F	-1.02%
	INTC	F	-0.87%
	MSI	C	-0.77%
	ROP	C	-0.62%
	FTNT	C	-0.5%
	FICO	A	-0.48%
	TEL	D	-0.46%
	MCHP	D	-0.43%
	GLW	B	-0.34%
	CDW	D	-0.31%
	ON	D	-0.31%
	HPQ	D	-0.3%
	ANSS	F	-0.29%
	KEYS	C	-0.27%
	NTAP	D	-0.25%
	GDDY	C	-0.23%
	HPE	D	-0.23%
	WDC	D	-0.22%
	STX	D	-0.21%
	TER	D	-0.21%
	TDY	C	-0.21%
	ZBRA	B	-0.18%
	SWKS	F	-0.17%
	AKAM	D	-0.16%
	VRSN	D	-0.16%
	ENPH	C	-0.15%
	TRMB	C	-0.14%
	FFIV	A	-0.13%
	JBL	D	-0.13%
	JNPR	A	-0.13%
	EPAM	D	-0.12%
	QRVO	F	-0.11%

JOET: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Banks - Regional - US Insurance - Property & Casualty Credit Services Diversified Industrials Asset Management Business Services Residential Construction Software - Infrastructure Capital Markets Insurance - Diversified Insurance Brokers Oil & Gas E&P Semiconductor Equipment & Materials Aerospace & Defense Electronic Components Industrial Distribution Information Technology Services Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Insurance IBD 50 Computing Bank Banking Dow Jones Component Electronics Integrated Circuits Mobile Devices Natural Gas Semiconductor Disability E Commerce Insurance Products Work From Home Casualty Insurance Commercial Banking Operating System

XLK: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Information Technology Services Semiconductor Equipment & Materials Software - Infrastructure Communication Equipment Data Storage Electronic Components Scientific & Technical Instruments Computer Systems Diversified Industrials Internet Content & Information Computer Hardware Consumer Electronics Contract Manufacturers Semiconductor Memory Solar

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Electronics Integrated Circuits Work From Home Cloud Computing Aerospace Operating System Mobile Devices Smartphones Dow Jones Component Electronic Design Ethernet Fabless Semiconductor Companies Firewall IBD 50 Information Management Power Management