IQM vs. JOET ETF Comparison
Comparison of Franklin Intelligent Machines ETF (IQM) to Virtus Terranova U.S. Quality Momentum ETF (JOET)
IQM
Franklin Intelligent Machines ETF
IQM Description
The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$67.74
Average Daily Volume
4,362
Number of Holdings
*
49
* 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 | IQM | JOET |
|---|---|---|
| 30 Days | 7.46% | 7.96% |
| 60 Days | 9.03% | 9.99% |
| 90 Days | 7.71% | 13.18% |
| 12 Months | 42.26% | 38.99% |
18 Overlapping Holdings
| Symbol | Grade | Weight in IQM | Weight in JOET | Overlap | |
|---|---|---|---|---|---|
| ADI | D | 1.32% | 0.7% | 0.7% | |
| ADSK | A | 1.94% | 0.81% | 0.81% | |
| AMAT | F | 2.3% | 0.76% | 0.76% | |
| AMD | F | 2.02% | 0.66% | 0.66% | |
| APH | A | 1.32% | 0.8% | 0.8% | |
| AVGO | D | 1.98% | 0.75% | 0.75% | |
| AXON | A | 5.68% | 1.03% | 1.03% | |
| CRWD | B | 0.87% | 0.87% | 0.87% | |
| ETN | A | 1.03% | 0.8% | 0.8% | |
| FSLR | F | 0.37% | 0.72% | 0.37% | |
| ISRG | A | 5.81% | 0.8% | 0.8% | |
| KLAC | D | 1.23% | 0.73% | 0.73% | |
| MPWR | F | 0.17% | 0.49% | 0.17% | |
| NVDA | C | 13.69% | 0.79% | 0.79% | |
| PLTR | B | 0.35% | 1.0% | 0.35% | |
| PWR | A | 2.7% | 0.78% | 0.78% | |
| UBER | D | 1.31% | 0.7% | 0.7% | |
| VRT | B | 1.23% | 0.81% | 0.81% |
IQM Overweight 31 Positions Relative to JOET
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 4.41% | |
| AAPL | C | 4.22% | |
| CDNS | B | 4.11% | |
| TSM | B | 4.01% | |
| SNPS | B | 3.83% | |
| ASML | F | 2.83% | |
| TER | D | 1.4% | |
| PTC | A | 1.29% | |
| GEV | B | 1.24% | |
| ALTR | B | 1.22% | |
| VMI | B | 1.19% | |
| LRCX | F | 1.12% | |
| ZBRA | B | 0.98% | |
| AVAV | D | 0.91% | |
| ROP | B | 0.83% | |
| KEYS | A | 0.83% | |
| IDXX | F | 0.71% | |
| PRCT | B | 0.7% | |
| TXN | C | 0.66% | |
| ENTG | D | 0.61% | |
| BKR | B | 0.57% | |
| IOT | A | 0.53% | |
| TRMB | B | 0.47% | |
| NXPI | D | 0.45% | |
| BSY | D | 0.38% | |
| PSTG | D | 0.35% | |
| SITM | B | 0.32% | |
| MCHP | D | 0.3% | |
| FTI | A | 0.26% | |
| OII | B | 0.26% | |
| ALGN | D | 0.23% |
IQM Underweight 106 Positions Relative to JOET
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -1.3% | |
| COIN | C | -0.98% | |
| GRMN | B | -0.97% | |
| SPOT | B | -0.94% | |
| UAL | A | -0.91% | |
| FTNT | C | -0.89% | |
| DAL | C | -0.89% | |
| IBKR | A | -0.89% | |
| DOCU | A | -0.88% | |
| SYF | B | -0.87% | |
| RCL | A | -0.87% | |
| CRM | B | -0.86% | |
| APO | B | -0.86% | |
| DFS | B | -0.86% | |
| HEI | B | -0.85% | |
| NFLX | A | -0.85% | |
| FCNCA | A | -0.85% | |
| PH | A | -0.85% | |
| PODD | C | -0.85% | |
| SQ | B | -0.85% | |
| AMZN | C | -0.85% | |
| NOW | A | -0.84% | |
| HWM | A | -0.84% | |
| HBAN | A | -0.84% | |
| CMI | A | -0.83% | |
| PANW | C | -0.83% | |
| CFG | B | -0.83% | |
| RF | A | -0.83% | |
| GM | B | -0.83% | |
| AMP | A | -0.83% | |
| VMC | B | -0.83% | |
| PCAR | B | -0.82% | |
| SYK | C | -0.82% | |
| MTB | A | -0.82% | |
| RJF | A | -0.82% | |
| ORCL | B | -0.82% | |
| ROL | B | -0.81% | |
| IR | B | -0.81% | |
| AXP | A | -0.81% | |
| BR | A | -0.81% | |
| GWW | B | -0.81% | |
| FAST | B | -0.81% | |
| JPM | A | -0.81% | |
| FITB | A | -0.81% | |
| SPGI | C | -0.8% | |
| DOV | A | -0.8% | |
| PGR | A | -0.8% | |
| TTD | B | -0.8% | |
| BRO | B | -0.8% | |
| CINF | A | -0.79% | |
| ALL | A | -0.79% | |
| COST | B | -0.79% | |
| DDOG | A | -0.79% | |
| NTRS | A | -0.79% | |
| CTAS | B | -0.79% | |
| IT | C | -0.79% | |
| TT | A | -0.79% | |
| DECK | A | -0.79% | |
| RSG | A | -0.79% | |
| WMT | A | -0.78% | |
| WRB | A | -0.78% | |
| PFG | D | -0.78% | |
| MA | C | -0.78% | |
| PYPL | B | -0.78% | |
| TSCO | D | -0.78% | |
| HIG | B | -0.78% | |
| URI | B | -0.78% | |
| WELL | A | -0.78% | |
| WAB | B | -0.78% | |
| BSX | B | -0.78% | |
| BK | A | -0.77% | |
| TRV | B | -0.77% | |
| MLM | B | -0.77% | |
| BRK.A | B | -0.77% | |
| META | D | -0.76% | |
| NVR | D | -0.76% | |
| AFL | B | -0.76% | |
| MSFT | F | -0.76% | |
| ACN | C | -0.76% | |
| NU | C | -0.75% | |
| ANET | C | -0.75% | |
| PSA | D | -0.75% | |
| CMG | B | -0.75% | |
| CB | C | -0.75% | |
| CARR | D | -0.75% | |
| CAT | B | -0.75% | |
| ROST | C | -0.75% | |
| LEN | D | -0.74% | |
| EXR | D | -0.74% | |
| CPNG | D | -0.74% | |
| HUBB | B | -0.74% | |
| TW | A | -0.74% | |
| GD | F | -0.73% | |
| PHM | D | -0.73% | |
| ACGL | D | -0.72% | |
| QCOM | F | -0.72% | |
| XYL | D | -0.71% | |
| RMD | C | -0.71% | |
| DHI | D | -0.69% | |
| MELI | D | -0.69% | |
| O | D | -0.69% | |
| LLY | F | -0.67% | |
| IRM | D | -0.67% | |
| CHKP | D | -0.65% | |
| CEG | D | -0.64% | |
| SMCI | F | -0.29% |
IQM: Top Represented Industries & Keywords
Industries:
Semiconductors
Semiconductor Equipment & Materials
Software - Application
Software - Infrastructure
Oil & Gas Equipment & Services
Aerospace & Defense
Diversified Industrials
Medical Devices
Scientific & Technical Instruments
Auto Manufacturers
Conglomerates
Consumer Electronics
Data Storage
Diagnostics & Research
Electronic Components
Engineering & Construction
Medical Instruments & Supplies
Metal Fabrication
Solar
Specialty Industrial Machinery
Keywords:
S&P 500
Nasdaq 100
Semiconductor
Integrated Circuits
Computing
Semiconductor Device Fabrication
Electronics
Power Management
Aerospace
IBD 50
Smartphones
Design Manufacturers
Device Manufacturers
Electronic Design
Electronic Engineering
Internet Of Things
Semiconductor Devices
Wireless Communication
Batteries
Chemical Vapor Deposition
JOET: Top Represented Industries & Keywords
Industries:
Software - Application
Banks - Regional - US
Insurance - Property & Casualty
Semiconductors
Credit Services
Diversified Industrials
Asset Management
Business Services
Capital Markets
Residential Construction
Software - Infrastructure
Aerospace & Defense
Insurance - Diversified
Medical Devices
Specialty Industrial Machinery
Specialty Retail
Airlines
Building Materials
Discount Stores
Electronic Components
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