JOET vs. DFND ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to Realty Shares DIVCON Dividend Defender ETF (DFND)

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

DFND

Realty Shares DIVCON Dividend Defender ETF

DFND Description

The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Dividend Defender Index. The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Under normal circumstances, at least 80% of the fund's assets (other than collateral held from securities lending, if any) will be invested in component securities of the benchmark index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.88

Average Daily Volume

851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	DFND
30 Days	7.96%	-1.19%
60 Days	9.99%	2.16%
90 Days	13.18%	12.82%
12 Months	38.99%	12.95%

21 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in DFND	Overlap
ACN	C	0.75%	0.34%	0.34%
ADI	D	0.7%	1.37%	0.7%
AMAT	F	0.7%	1.59%	0.7%
AVGO	D	0.72%	0.86%	0.72%
BR	A	0.8%	0.75%	0.75%
BRO	B	0.8%	2.13%	0.8%
CB	C	0.74%	1.39%	0.74%
CMI	A	0.82%	2.09%	0.82%
COST	B	0.79%	1.2%	0.79%
CTAS	B	0.79%	2.6%	0.79%
DHI	D	0.69%	1.47%	0.69%
ETN	A	0.79%	1.74%	0.79%
FAST	B	0.81%	1.13%	0.81%
GWW	B	0.81%	2.25%	0.81%
HUBB	B	0.75%	1.27%	0.75%
KLAC	D	0.69%	2.42%	0.69%
MA	C	0.76%	1.75%	0.76%
MLM	B	0.77%	0.8%	0.77%
MPWR	F	0.48%	1.31%	0.48%
MSFT	F	0.74%	1.0%	0.74%
PHM	D	0.73%	2.0%	0.73%

JOET Overweight 103 Positions Relative to DFND

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%
FCNCA	A	0.89%
NFLX	A	0.89%
RCL	A	0.88%
CRWD	B	0.88%
PODD	C	0.87%
FTNT	C	0.87%
DAL	C	0.87%
HWM	A	0.87%
DFS	B	0.86%
DOCU	A	0.86%
SYF	B	0.86%
HEI	B	0.85%
APO	B	0.85%
ORCL	B	0.84%
PH	A	0.84%
HBAN	A	0.84%
CRM	B	0.84%
RF	A	0.83%
AMP	A	0.83%
RJF	A	0.83%
AMZN	C	0.82%
CFG	B	0.82%
MTB	A	0.82%
NOW	A	0.82%
SYK	C	0.82%
PANW	C	0.82%
BSX	B	0.81%
JPM	A	0.81%
DDOG	A	0.81%
VMC	B	0.81%
ADSK	A	0.81%
CINF	A	0.8%
FITB	A	0.8%
PGR	A	0.8%
WELL	A	0.8%
WMT	A	0.8%
NTRS	A	0.8%
AXP	A	0.8%
PWR	A	0.8%
RSG	A	0.8%
ISRG	A	0.8%
IR	B	0.8%
NVDA	C	0.79%
GM	B	0.79%
TTD	B	0.79%
DECK	A	0.79%
HIG	B	0.79%
ALL	A	0.79%
WRB	A	0.79%
ROL	B	0.79%
TT	A	0.79%
BRK.A	B	0.78%
PCAR	B	0.78%
TW	A	0.78%
DOV	A	0.78%
APH	A	0.78%
SPGI	C	0.78%
PYPL	B	0.77%
BK	A	0.77%
WAB	B	0.77%
TRV	B	0.77%
TSCO	D	0.76%
AFL	B	0.76%
IT	C	0.76%
CARR	D	0.75%
EXR	D	0.75%
PSA	D	0.75%
URI	B	0.75%
PFG	D	0.75%
CMG	B	0.74%
ANET	C	0.74%
ROST	C	0.74%
CAT	B	0.74%
META	D	0.74%
RMD	C	0.74%
NVR	D	0.74%
LEN	D	0.73%
MELI	D	0.71%
XYL	D	0.71%
GD	F	0.7%
CPNG	D	0.7%
O	D	0.7%
ACGL	D	0.69%
IRM	D	0.69%
UBER	D	0.68%
QCOM	F	0.68%
FSLR	F	0.68%
CEG	D	0.67%
AMD	F	0.65%
NU	C	0.65%
LLY	F	0.64%
CHKP	D	0.64%
SMCI	F	0.41%

JOET Underweight 49 Positions Relative to DFND

Symbol	Grade	Weight
V	A	-2.68%
SNA	A	-2.66%
VRSK	A	-2.44%
PG	A	-2.27%
SHW	A	-2.25%
FDS	B	-2.22%
NDSN	B	-2.22%
MCD	D	-2.2%
MPC	D	-2.11%
LMT	D	-2.05%
MSI	B	-1.86%
MCO	B	-1.85%
PPG	F	-1.77%
ITW	B	-1.71%
ROK	B	-1.65%
AON	A	-1.52%
ALLE	D	-1.51%
CSCO	B	-1.5%
HON	B	-1.45%
J	F	-1.42%
HSY	F	-1.36%
MSCI	C	-1.33%
CBOE	B	-1.26%
CME	A	-1.24%
MMC	B	-1.21%
LIN	D	-1.2%
CMCSA	B	-1.15%
LW	C	-1.13%
AOS	F	-1.09%
ALB	C	-1.01%
AAPL	C	-0.95%
GL	B	-0.93%
ODFL	B	-0.88%
INTU	C	-0.78%
MCHP	D	-0.08%
PARA	C	--0.33%
APA	D	--0.82%
INTC	D	--1.08%
VFC	C	--1.1%
DVN	F	--1.12%
FCX	D	--1.86%
NWS	B	--1.96%
LUV	C	--2.05%
SW	A	--2.15%
T	A	--2.19%
IP	B	--2.32%
F	C	--2.41%
CNP	B	--2.56%
D	C	--2.96%