PTL vs. JOET ETF Comparison

Comparison of Northern Lights Fund Trust IV Inspire 500 ETF (PTL) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

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

Performance

Period	PTL	JOET
30 Days	5.09%	7.96%
60 Days	5.71%	9.99%
90 Days	7.67%	13.18%
12 Months		38.99%

55 Overlapping Holdings

Symbol	Grade	Weight in PTL	Weight in JOET	Overlap
AFL	B	0.42%	0.76%	0.42%
ANET	C	0.83%	0.74%	0.74%
APH	A	0.6%	0.78%	0.6%
APP	B	0.76%	1.48%	0.76%
AVGO	D	5.22%	0.72%	0.72%
BRO	B	0.22%	0.8%	0.22%
CAT	B	1.22%	0.74%	0.74%
CEG	D	0.41%	0.67%	0.41%
CINF	A	0.16%	0.8%	0.16%
COIN	C	0.54%	1.12%	0.54%
CPNG	D	0.3%	0.7%	0.3%
CTAS	B	0.61%	0.79%	0.61%
DAL	C	0.27%	0.87%	0.27%
DDOG	A	0.32%	0.81%	0.32%
DECK	A	0.19%	0.79%	0.19%
DHI	D	0.39%	0.69%	0.39%
DOCU	A	0.11%	0.86%	0.11%
DOV	A	0.19%	0.78%	0.19%
EXR	D	0.25%	0.75%	0.25%
FAST	B	0.33%	0.81%	0.33%
FCNCA	A	0.24%	0.89%	0.24%
FSLR	F	0.14%	0.68%	0.14%
FTNT	C	0.48%	0.87%	0.48%
HUBB	B	0.16%	0.75%	0.16%
IBKR	A	0.53%	0.94%	0.53%
IR	B	0.29%	0.8%	0.29%
ISRG	A	1.34%	0.8%	0.8%
KLAC	D	0.58%	0.69%	0.58%
LEN	D	0.33%	0.73%	0.33%
MLM	B	0.25%	0.77%	0.25%
MPWR	F	0.19%	0.48%	0.19%
NVR	D	0.19%	0.74%	0.19%
PANW	C	0.89%	0.82%	0.82%
PCAR	B	0.4%	0.78%	0.4%
PGR	A	1.06%	0.8%	0.8%
PH	A	0.61%	0.84%	0.61%
PHM	D	0.19%	0.73%	0.19%
PLTR	B	0.98%	1.05%	0.98%
PODD	C	0.13%	0.87%	0.13%
PSA	D	0.4%	0.75%	0.4%
PWR	A	0.33%	0.8%	0.33%
QCOM	F	1.24%	0.68%	0.68%
RF	A	0.17%	0.83%	0.17%
RMD	C	0.25%	0.74%	0.25%
ROL	B	0.17%	0.79%	0.17%
RSG	A	0.46%	0.8%	0.46%
SMCI	F	0.11%	0.41%	0.11%
TSCO	D	0.19%	0.76%	0.19%
TTD	B	0.43%	0.79%	0.43%
TW	A	0.2%	0.78%	0.2%
URI	B	0.37%	0.75%	0.37%
VMC	B	0.26%	0.81%	0.26%
VRT	B	0.33%	0.92%	0.33%
WELL	A	0.58%	0.8%	0.58%
WRB	A	0.16%	0.79%	0.16%

PTL Overweight 423 Positions Relative to JOET

Symbol	Grade	Weight
XOM	B	3.74%
HD	A	2.69%
LIN	D	1.49%
NEE	D	1.08%
LOW	D	1.01%
ADP	B	0.86%
UPS	C	0.77%
PLD	D	0.76%
ELV	F	0.67%
SHW	A	0.65%
REGN	F	0.63%
ICE	C	0.62%
GEV	B	0.62%
SNPS	B	0.6%
WM	A	0.6%
MSTR	C	0.58%
MRVL	B	0.57%
EOG	A	0.56%
FDX	B	0.55%
SCCO	F	0.52%
EMR	A	0.5%
OKE	A	0.48%
CSX	B	0.47%
ORLY	B	0.47%
SLB	C	0.44%
DLR	B	0.43%
KMI	A	0.43%
ROP	B	0.42%
NSC	B	0.42%
SPG	B	0.41%
FANG	D	0.4%
FCX	D	0.4%
FICO	B	0.39%
MNST	C	0.37%
CPRT	A	0.37%
NEM	D	0.35%
AZO	C	0.35%
PAYX	C	0.35%
LNG	B	0.35%
COR	B	0.34%
AIG	B	0.34%
VLO	C	0.33%
OXY	D	0.33%
ODFL	B	0.33%
CVNA	B	0.33%
KVUE	A	0.32%
TRGP	B	0.32%
MSCI	C	0.31%
CCI	D	0.31%
BKR	B	0.31%
AME	A	0.31%
PCG	A	0.31%
PEG	A	0.3%
SNOW	C	0.3%
EW	C	0.3%
VST	B	0.29%
VRSK	A	0.28%
IQV	D	0.26%
EXC	C	0.26%
GEHC	F	0.26%
YUM	B	0.25%
VEEV	C	0.25%
IDXX	F	0.25%
OTIS	C	0.25%
SYY	B	0.24%
TPL	A	0.24%
NUE	C	0.24%
MCHP	D	0.24%
OWL	A	0.23%
DXCM	D	0.23%
ED	D	0.23%
NET	B	0.23%
CSGP	D	0.23%
TTWO	A	0.23%
WEC	A	0.22%
ZS	C	0.22%
ETR	B	0.22%
EFX	F	0.22%
IOT	A	0.21%
ON	D	0.21%
ANSS	B	0.21%
KEYS	A	0.2%
RKT	F	0.2%
HAL	C	0.2%
EQR	B	0.2%
LYB	F	0.19%
AWK	D	0.19%
DVN	F	0.18%
VLTO	D	0.18%
CPAY	A	0.18%
TYL	B	0.18%
VTR	C	0.18%
ADM	D	0.18%
EME	C	0.17%
MTD	D	0.17%
DTE	C	0.17%
NTAP	C	0.17%
CBOE	B	0.16%
WY	D	0.16%
ATO	A	0.16%
IFF	D	0.16%
TKO	B	0.16%
TOST	B	0.16%
LII	A	0.16%
AFRM	B	0.16%
SBAC	D	0.16%
TSN	B	0.16%
WST	C	0.16%
FE	C	0.16%
GFS	C	0.16%
AEE	A	0.16%
CDW	F	0.16%
STE	F	0.15%
BLDR	D	0.15%
MKC	D	0.15%
IP	B	0.15%
STLD	B	0.15%
WDC	D	0.15%
INVH	D	0.15%
WSM	B	0.15%
ERIE	D	0.15%
ES	D	0.15%
PKG	A	0.15%
WSO	A	0.15%
MDB	C	0.15%
MKL	A	0.15%
CSL	C	0.14%
CTRA	B	0.14%
CNP	B	0.14%
UI	A	0.14%
CMS	C	0.14%
LH	C	0.14%
ESS	B	0.14%
NTNX	A	0.13%
HOLX	D	0.13%
SSNC	B	0.13%
XPO	B	0.13%
SNA	A	0.13%
L	A	0.13%
JBHT	C	0.13%
ARE	D	0.13%
MAA	B	0.13%
CHWY	B	0.12%
USFD	A	0.12%
IEX	B	0.12%
DG	F	0.12%
MAS	D	0.12%
TRMB	B	0.12%
GPC	D	0.12%
SUI	D	0.12%
NWSA	B	0.12%
RS	B	0.12%
ALGN	D	0.12%
MRO	B	0.12%
TER	D	0.12%
OC	A	0.12%
BAX	D	0.12%
CRBG	B	0.12%
NRG	B	0.12%
RYAN	B	0.12%
MOH	F	0.12%
RPM	A	0.12%
GEN	B	0.12%
CASY	A	0.11%
RGA	A	0.11%
FLEX	A	0.11%
SMMT	D	0.11%
TOL	B	0.11%
COHR	B	0.11%
ENTG	D	0.11%
GWRE	A	0.11%
BSY	D	0.11%
RPRX	D	0.11%
UTHR	C	0.11%
JEF	A	0.11%
CF	B	0.11%
J	F	0.11%
WLK	D	0.11%
EXPD	D	0.11%
FIX	A	0.11%
NI	A	0.11%
MANH	D	0.11%
CPB	D	0.1%
CLH	B	0.1%
POOL	C	0.1%
SFM	A	0.1%
INCY	C	0.1%
RVTY	F	0.1%
ELS	C	0.1%
UHS	D	0.1%
FFIV	B	0.1%
REG	B	0.1%
AGR	B	0.1%
DLTR	F	0.1%
AMH	D	0.1%
NDSN	B	0.1%
GGG	B	0.1%
DOC	D	0.1%
THC	D	0.1%
EVRG	A	0.1%
EWBC	A	0.1%
UDR	B	0.1%
DT	C	0.1%
SAIA	B	0.1%
KMX	B	0.09%
TXRH	C	0.09%
JKHY	D	0.09%
SOLV	C	0.09%
SCI	B	0.09%
WPC	D	0.09%
BG	F	0.09%
PFGC	B	0.09%
OVV	B	0.09%
OKTA	C	0.09%
HST	C	0.09%
INSM	C	0.09%
LAMR	D	0.09%
BXP	D	0.09%
CAG	D	0.09%
PR	B	0.09%
SN	D	0.09%
HLI	B	0.09%
PAYC	B	0.09%
NBIX	C	0.09%
CPT	B	0.09%
CW	B	0.09%
EPAM	C	0.09%
EDR	A	0.09%
JBL	B	0.09%
DVA	B	0.09%
SWKS	F	0.09%
MUSA	A	0.08%
PCTY	B	0.08%
AA	B	0.08%
FND	C	0.08%
BLD	D	0.08%
CUBE	D	0.08%
KNSL	B	0.08%
ATR	B	0.08%
MTZ	B	0.08%
PCVX	D	0.08%
ACI	C	0.08%
GMED	A	0.08%
BJ	A	0.08%
FHN	A	0.08%
LECO	B	0.08%
LW	C	0.08%
MEDP	D	0.08%
PPC	C	0.08%
SF	B	0.08%
EVR	B	0.08%
JNPR	F	0.08%
AFG	A	0.08%
RRX	B	0.08%
ITT	A	0.08%
CHRW	C	0.08%
UHAL	D	0.08%
ALB	C	0.08%
BIO	D	0.07%
ITCI	C	0.07%
LAD	A	0.07%
BRBR	A	0.07%
ALSN	B	0.07%
RBC	A	0.07%
FRT	B	0.07%
EHC	B	0.07%
PNFP	B	0.07%
DOX	D	0.07%
AYI	B	0.07%
RVMD	C	0.07%
AOS	F	0.07%
REXR	F	0.07%
RGLD	C	0.07%
CACI	D	0.07%
ORI	A	0.07%
PRI	A	0.07%
PEN	B	0.07%
KNTK	B	0.07%
WING	D	0.07%
WMS	D	0.07%
AR	B	0.07%
CFLT	B	0.07%
DTM	B	0.07%
UWMC	D	0.07%
GNRC	B	0.07%
GL	B	0.07%
AAON	B	0.07%
WAL	B	0.07%
CR	A	0.07%
AIT	A	0.07%
HLNE	B	0.07%
MLI	C	0.07%
PCOR	B	0.07%
LBRDA	C	0.07%
EXP	A	0.07%
MKTX	D	0.07%
EXEL	B	0.07%
WCC	B	0.07%
OHI	C	0.07%
SEIC	B	0.07%
PAG	B	0.07%
COKE	C	0.07%
PNW	B	0.07%
GTLB	B	0.07%
GME	C	0.07%
WBS	A	0.07%
TTEK	F	0.07%
BWXT	B	0.07%
WTRG	B	0.07%
CCK	C	0.07%
APG	B	0.07%
TREX	C	0.06%
NNN	D	0.06%
ONTO	D	0.06%
RLI	B	0.06%
BRKR	D	0.06%
BERY	B	0.06%
OLED	D	0.06%
PB	A	0.06%
INFA	D	0.06%
CHE	D	0.06%
TTC	D	0.06%
RRC	B	0.06%
SSB	B	0.06%
APPF	B	0.06%
MHK	D	0.06%
OGE	B	0.06%
CHRD	D	0.06%
EGP	F	0.06%
APA	D	0.06%
AUR	C	0.06%
FYBR	D	0.06%
DINO	D	0.06%
HESM	B	0.06%
HQY	B	0.06%
ENSG	D	0.06%
MTSI	B	0.06%
AXTA	A	0.06%
CRS	A	0.06%
PLNT	A	0.06%
GPK	C	0.06%
SUM	B	0.06%
ALTR	B	0.06%
WTFC	A	0.06%
FLR	B	0.06%
ROIV	C	0.06%
ZION	B	0.06%
DCI	B	0.06%
KNX	B	0.06%
FBIN	D	0.06%
CIEN	B	0.06%
FOUR	B	0.06%
CFR	B	0.06%
BRX	A	0.06%
S	B	0.06%
ENPH	F	0.06%
TPX	B	0.06%
ESTC	C	0.06%
CNM	D	0.06%
SITE	D	0.05%
AN	C	0.05%
AMKR	D	0.05%
COLD	D	0.05%
CGNX	C	0.05%
MTH	D	0.05%
SATS	D	0.05%
NUVL	D	0.05%
AGCO	D	0.05%
WFRD	D	0.05%
WSC	D	0.05%
GNTX	C	0.05%
STAG	F	0.05%
SPSC	C	0.05%
WTS	B	0.05%
CELH	F	0.05%
STWD	C	0.05%
ATI	D	0.05%
NPAB	B	0.05%
HCP	B	0.05%
PATH	C	0.05%
FCN	D	0.05%
FR	C	0.05%
MTN	C	0.05%
MSA	D	0.05%
BWA	D	0.05%
LSCC	D	0.05%
WEX	D	0.05%
RHI	B	0.05%
AM	A	0.05%
GAP	C	0.05%
DLB	B	0.05%
TMHC	B	0.05%
JAZZ	B	0.05%
KBR	F	0.05%
BOKF	B	0.05%
MIDD	C	0.05%
SSD	D	0.05%
GKOS	B	0.05%
LPX	B	0.05%
MKSI	C	0.05%
ADC	B	0.05%
VNO	B	0.05%
FRPT	B	0.05%
AGNC	D	0.05%
RGEN	D	0.05%
G	B	0.05%
KEX	C	0.05%
U	C	0.05%
UFPI	B	0.05%
SAIC	F	0.04%
IBP	D	0.04%
ESNT	D	0.04%
LNTH	D	0.04%
TRNO	F	0.04%
ARW	D	0.04%
VKTX	F	0.04%
LSTR	D	0.04%
ELAN	D	0.04%
QRVO	F	0.04%
BFAM	D	0.04%
POST	C	0.04%
ACHC	F	0.03%
LCID	F	0.03%

PTL Underweight 69 Positions Relative to JOET

Symbol	Grade	Weight
AXON	A	-1.04%
GRMN	B	-0.94%
UAL	A	-0.94%
SPOT	B	-0.93%
SQ	B	-0.91%
NFLX	A	-0.89%
RCL	A	-0.88%
CRWD	B	-0.88%
HWM	A	-0.87%
DFS	B	-0.86%
SYF	B	-0.86%
HEI	B	-0.85%
APO	B	-0.85%
ORCL	B	-0.84%
HBAN	A	-0.84%
CRM	B	-0.84%
AMP	A	-0.83%
RJF	A	-0.83%
AMZN	C	-0.82%
CMI	A	-0.82%
CFG	B	-0.82%
MTB	A	-0.82%
NOW	A	-0.82%
SYK	C	-0.82%
BSX	B	-0.81%
JPM	A	-0.81%
GWW	B	-0.81%
ADSK	A	-0.81%
FITB	A	-0.8%
WMT	A	-0.8%
BR	A	-0.8%
NTRS	A	-0.8%
AXP	A	-0.8%
NVDA	C	-0.79%
GM	B	-0.79%
COST	B	-0.79%
HIG	B	-0.79%
ALL	A	-0.79%
ETN	A	-0.79%
TT	A	-0.79%
BRK.A	B	-0.78%
SPGI	C	-0.78%
PYPL	B	-0.77%
BK	A	-0.77%
WAB	B	-0.77%
TRV	B	-0.77%
IT	C	-0.76%
MA	C	-0.76%
CARR	D	-0.75%
ACN	C	-0.75%
PFG	D	-0.75%
CMG	B	-0.74%
ROST	C	-0.74%
MSFT	F	-0.74%
CB	C	-0.74%
META	D	-0.74%
MELI	D	-0.71%
XYL	D	-0.71%
ADI	D	-0.7%
AMAT	F	-0.7%
GD	F	-0.7%
O	D	-0.7%
ACGL	D	-0.69%
IRM	D	-0.69%
UBER	D	-0.68%
AMD	F	-0.65%
NU	C	-0.65%
LLY	F	-0.64%
CHKP	D	-0.64%