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
239.6 M
ASSETS UNDER MGMT
29 bp
EXPENSES
Fund Basics
| Fund sponsor | Virtus Investment Partners |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 17, 2020 |
| Assets (mns) | $240 |
| Expense ratio | 29 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| PALANTIR TECHNOLOGIES INC. CLASS A | 1.6 % |
| BROADCOM INC. | 1.4 % |
| AMPHENOL CORP-CL A | 1.4 % |
| ORACLE CORP | 1.2 % |
| HOWMET AEROSPACE INC. | 1.2 % |
| HEICO CORP | 1.2 % |
| APPLOVIN CORP. CLASS A | 1.2 % |
| ARISTA NETWORKS, INC. | 1.2 % |
| SPOTIFY TECHNOLOGY SA | 1.1 % |
| ROYAL CARIBBEAN CRUISES LTD | 1.1 % |
Constituent Breakdown
| Number of holdings | 126 |
| Herfindahl-Hirschman Index | 104 |
| Wgt avg mkt cap (mns) | $291,152 |
| Large cap (>$10bn) | 110.5% |
| Mid cap ($2-10bn) | 0.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 109.7% |
| Emerging mkts. | 1.9% |
Country Exposure
 |
UNITED STATES | 100.5 % |
 |
IRELAND | 3.6 % |
 |
SWITZERLAND | 1.8 % |
 |
LUXEMBOURG | 1.1 % |
 |
SOUTH KOREA | 1.1 % |
 |
CAYMAN ISLANDS | 1.0 % |
 |
CHINA | 0.8 % |
 |
BERMUDA | 0.8 % |
 |
ISRAEL | 0.8 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.2% | 4.5% | 20.5% | 14.0% | 10.9% | -- | -- | 11.4% |
| Dividend Yield | 0.0% | 0.0% | 0.8% | 1.0% | 0.7% | -- | -- | 0.7% |
| Total Returns | 12.2% | 4.5% | 21.3% | 15.0% | 11.6% | -- | -- | 12.0% | Ann. Volatility | 20.0% | 19.9% | 17.3% | 16.2% | 17.9% | -- | -- | 17.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.95 | 87% |
| MSCI EAFE | 0.91 | 58% |
| MSCI Emg Mkts | 0.77 | 47% |
Liquidity Measures
| Avg. volume (000) | 36 |
| ADV traded (mns) | $2 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $42.13 |
| Relative strength (RSI) | 52 |
| MACD/Signal | 0.02/-0.12 |
| Bollinger Bands (Upper/Lower) | $43.27/$40.64 |
| Short interest (% of AUM) | 0.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 |
|---|---|---|---|---|
| RPG | Invesco S&P 500 Pure Growth ETF | 43.0% | +6 bp | +3.4% |
| JMOM | JPMorgan U.S. Momentum Factor ETF | 38.2% | -17 bp | +4.6% |
| SPGP | Invesco S&P 500 GARP ETF | 34.8% | +5 bp | +6.8% |
| FDMO | Fidelity Momentum Factor ETF | 33.4% | -14 bp | +3.6% |
| ROE | Astoria US Quality Kings ETF | 33.2% | +20 bp | +6.9% |
| FTC | First Trust Large Cap Growth AlphaDEX Fund | 31.9% | +30 bp | +2.0% |
| JHML | John Hancock Multifactor Large Cap ETF | 31.7% | 0 bp | +5.3% |
| XOEF | iShares S&P 500 ex S&P 100 ETF | 31.6% | -9 bp | +5.6% |
| DSPY | Tema S&P 500 Historical Weight ETF | 31.6% | -11 bp | +5.1% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 30.6% | -20 bp | +5.3% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 12/7/2025
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
JOET
4.9%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1022 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. JOET's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places JOET in the 38th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
JOETSELL
U/W
HOLD
O/W
BUY