JOET
Virtus Terranova US Quality Momentum ETF
JOET tracks an equal-weighted index of large-cap stocks in the US displaying quality fundamental and technical attributes.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 227.7 M
ASSETS UNDER MGMT
29 bp
EXPENSES
Fund Basics
| Inception date | Nov 17, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICRON TECHNOLOGY INC | 1.0 % |
| NEWMONT MINING CORP | 1.0 % |
| EXPEDITORS INTL WASH INC | 1.0 % |
| CUMMINS INC | 1.0 % |
| DELTA AIR LINES INC | 1.0 % |
| ULTA BEAUTY INC | 0.9 % |
| MARKEL CORP | 0.9 % |
| ALPHABET INC. CLASS A | 0.9 % |
| CARVANA CO. CLASS A | 0.9 % |
| PARKER HANNIFIN CORP | 0.9 % |
Constituent Breakdown
| Number of holdings | 127 |
| Herfindahl-Hirschman Index | 80 |
| Wgt avg mkt cap (mns) | $273,027 |
| Large cap (>$10bn) | 97.3% |
| Mid cap ($2-10bn) | 0.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.4% |
| Emerging mkts. | 1.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.9 % |
 |
IRELAND | 2.3 % |
 |
CHINA | 0.9 % |
 |
CAYMAN ISLANDS | 0.8 % |
 |
LUXEMBOURG | 0.7 % |
 |
ARGENTINA | 0.7 % |
 |
SWITZERLAND | 0.7 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -4.7% | 9.5% | 7.8% | 13.3% | 8.5% | -- | -- | 9.4% |
| Dividend Yield | 0.0% | 0.7% | 0.7% | 1.0% | 0.9% | -- | -- | 0.9% |
| Total Returns | -4.7% | 10.2% | 8.6% | 14.3% | 9.5% | -- | -- | 10.3% | Ann. Volatility | 16.2% | 18.9% | 17.5% | 16.1% | 17.7% | -- | -- | 17.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.95 | 91% |
| MSCI EAFE | 0.87 | 67% |
| MSCI Emg Mkts | 0.68 | 54% |
Liquidity Measures
| Avg. volume (000) | 25 |
| ADV traded (mns) | $1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $40.95 |
| Relative strength (RSI) | 51 |
| MACD/Signal | -0.04/-0.34 |
| Bollinger Bands (Upper/Lower) | $41.89/$38.88 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. JOET |
Expenses vs. JOET |
ALTAR Score™ vs. JOET |
|---|---|---|---|---|
| JMOM | JPMorgan U.S. Momentum Factor ETF | 33.1% | -17 bp | -0.5% |
| ROE | Astoria US Quality Kings ETF | 31.4% | +20 bp | +2.3% |
| FTC | First Trust Large Cap Growth AlphaDEX Fund | 30.3% | +30 bp | -2.1% |
| PWB | Invesco Large Cap Growth ETF | 30.1% | +27 bp | -1.8% |
| QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 28.6% | +6 bp | -0.4% |
| ROUS | Hartford Multifactor US Equity ETF | 28.5% | -10 bp | +1.6% |
| DSPY | Tema S&P 500 Historical Weight ETF | 28.4% | -11 bp | +0.4% |
| JQUA | JPMorgan U.S. Quality Factor ETF | 28.0% | -17 bp | +1.3% |
| QUS | State Street SPDR MSCI USA StrategicFactors ETF | 27.8% | -14 bp | +0.9% |
| XOEF | iShares S&P 500 ex S&P 100 ETF | 27.6% | -9 bp | +0.6% |
Risk and Returns: JOET vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/12/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
4.9%
ALTAR SCORE™
36th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.6% and a standard deviation
of 2.1%. JOET's ALTAR Score™ is approximately -0.4 standard
deviations above the category average. This places JOET in the 36th percentile
among funds in the category.
Sell-Side Consensus
$52.33
PRICE TARGET
+25.7%
UPSIDE