VLUE vs. JOET ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* 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	VLUE	JOET
30 Days	4.45%	7.96%
60 Days	5.68%	9.99%
90 Days	7.63%	13.18%
12 Months	25.66%	38.99%

20 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in JOET	Overlap
AMAT	F	2.37%	0.7%	0.7%
BK	A	0.47%	0.77%	0.47%
CFG	B	0.26%	0.82%	0.26%
CMI	A	0.6%	0.82%	0.6%
DAL	C	0.25%	0.87%	0.25%
DHI	D	1.4%	0.69%	0.69%
FCNCA	A	0.12%	0.89%	0.12%
FITB	A	0.21%	0.8%	0.21%
FSLR	F	0.38%	0.68%	0.38%
GM	B	3.6%	0.79%	0.79%
HBAN	A	0.17%	0.84%	0.17%
HIG	B	0.22%	0.79%	0.22%
LEN	D	1.49%	0.73%	0.73%
MTB	A	0.31%	0.82%	0.31%
PCAR	B	0.76%	0.78%	0.76%
PHM	D	0.94%	0.73%	0.73%
RF	A	0.2%	0.83%	0.2%
SYF	B	0.24%	0.86%	0.24%
URI	B	0.77%	0.75%	0.75%
WAB	B	0.32%	0.77%	0.32%

VLUE Overweight 128 Positions Relative to JOET

Symbol	Grade	Weight
CSCO	B	6.43%
T	A	6.04%
IBM	C	3.86%
INTC	D	3.65%
VZ	C	2.91%
BAC	A	2.25%
PFE	D	2.07%
WFC	A	1.92%
C	A	1.78%
RTX	C	1.77%
F	C	1.68%
BMY	B	1.55%
CVS	D	1.46%
MO	A	1.45%
GS	A	1.43%
HPE	B	1.4%
CI	F	1.37%
GILD	C	1.29%
SPG	B	1.26%
HPQ	B	1.19%
FDX	B	1.18%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
DELL	C	0.84%
VLO	C	0.78%
KR	B	0.75%
KHC	F	0.74%
WBD	C	0.7%
ON	D	0.67%
COF	B	0.66%
ADM	D	0.65%
PCG	A	0.63%
JCI	C	0.61%
FANG	D	0.6%
CNC	D	0.57%
WY	D	0.55%
TFC	A	0.54%
LHX	C	0.53%
NTAP	C	0.52%
AIG	B	0.5%
EXPE	B	0.48%
USB	A	0.48%
D	C	0.47%
ZM	B	0.47%
MET	A	0.46%
SWKS	F	0.46%
VST	B	0.45%
VTRS	A	0.45%
PRU	A	0.45%
NUE	C	0.45%
MRO	B	0.44%
TSN	B	0.44%
GEN	B	0.42%
BBY	D	0.38%
TAP	C	0.38%
FFIV	B	0.37%
BLDR	D	0.36%
OC	A	0.36%
CTRA	B	0.35%
TWLO	A	0.34%
FOXA	B	0.33%
OVV	B	0.33%
JNPR	F	0.33%
PPL	B	0.32%
JBL	B	0.31%
EQT	B	0.28%
PARA	C	0.27%
EVRG	A	0.27%
STLD	B	0.27%
STT	A	0.26%
SSNC	B	0.25%
LKQ	D	0.24%
LH	C	0.24%
TXT	D	0.24%
UTHR	C	0.23%
ATO	A	0.23%
AZPN	A	0.23%
SNA	A	0.23%
DOW	F	0.23%
CAG	D	0.23%
HST	C	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
ES	D	0.22%
GPN	B	0.21%
BG	F	0.2%
EXE	B	0.2%
LDOS	C	0.19%
IP	B	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	B	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
EG	C	0.17%
MOS	F	0.17%
CNH	C	0.17%
CF	B	0.16%
DINO	D	0.16%
APA	D	0.15%
AKAM	D	0.14%
SOLV	C	0.14%
L	A	0.13%
APTV	D	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
EQH	B	0.12%
ACI	C	0.12%
LUV	C	0.12%
UHAL	D	0.11%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
SWK	D	0.1%
EMN	D	0.1%
FNF	B	0.09%
HII	D	0.09%
DVA	B	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	D	0.05%

VLUE Underweight 104 Positions Relative to JOET

Symbol	Grade	Weight
APP	B	-1.48%
COIN	C	-1.12%
PLTR	B	-1.05%
AXON	A	-1.04%
GRMN	B	-0.94%
UAL	A	-0.94%
IBKR	A	-0.94%
SPOT	B	-0.93%
VRT	B	-0.92%
SQ	B	-0.91%
NFLX	A	-0.89%
RCL	A	-0.88%
CRWD	B	-0.88%
PODD	C	-0.87%
FTNT	C	-0.87%
HWM	A	-0.87%
DFS	B	-0.86%
DOCU	A	-0.86%
HEI	B	-0.85%
APO	B	-0.85%
ORCL	B	-0.84%
PH	A	-0.84%
CRM	B	-0.84%
AMP	A	-0.83%
RJF	A	-0.83%
AMZN	C	-0.82%
NOW	A	-0.82%
SYK	C	-0.82%
PANW	C	-0.82%
BSX	B	-0.81%
FAST	B	-0.81%
JPM	A	-0.81%
GWW	B	-0.81%
DDOG	A	-0.81%
VMC	B	-0.81%
ADSK	A	-0.81%
CINF	A	-0.8%
PGR	A	-0.8%
WELL	A	-0.8%
WMT	A	-0.8%
BR	A	-0.8%
NTRS	A	-0.8%
AXP	A	-0.8%
BRO	B	-0.8%
PWR	A	-0.8%
RSG	A	-0.8%
ISRG	A	-0.8%
IR	B	-0.8%
NVDA	C	-0.79%
TTD	B	-0.79%
COST	B	-0.79%
DECK	A	-0.79%
ALL	A	-0.79%
WRB	A	-0.79%
ETN	A	-0.79%
ROL	B	-0.79%
TT	A	-0.79%
CTAS	B	-0.79%
BRK.A	B	-0.78%
TW	A	-0.78%
DOV	A	-0.78%
APH	A	-0.78%
SPGI	C	-0.78%
MLM	B	-0.77%
PYPL	B	-0.77%
TRV	B	-0.77%
TSCO	D	-0.76%
AFL	B	-0.76%
IT	C	-0.76%
MA	C	-0.76%
CARR	D	-0.75%
EXR	D	-0.75%
ACN	C	-0.75%
PSA	D	-0.75%
HUBB	B	-0.75%
PFG	D	-0.75%
CMG	B	-0.74%
ANET	C	-0.74%
ROST	C	-0.74%
MSFT	F	-0.74%
CB	C	-0.74%
CAT	B	-0.74%
META	D	-0.74%
RMD	C	-0.74%
NVR	D	-0.74%
AVGO	D	-0.72%
MELI	D	-0.71%
XYL	D	-0.71%
ADI	D	-0.7%
GD	F	-0.7%
CPNG	D	-0.7%
O	D	-0.7%
ACGL	D	-0.69%
IRM	D	-0.69%
KLAC	D	-0.69%
UBER	D	-0.68%
QCOM	F	-0.68%
CEG	D	-0.67%
AMD	F	-0.65%
NU	C	-0.65%
LLY	F	-0.64%
CHKP	D	-0.64%
MPWR	F	-0.48%
SMCI	F	-0.41%