JOET vs. ILDR ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to First Trust Innovation Leaders ETF (ILDR)

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

ILDR

First Trust Innovation Leaders ETF

ILDR Description

First Trust Innovation Leaders ETF is an exchange-traded fund incorporated in the USA. The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. The fund’s investments will be concentrated in the information technology sector, and therefore, may be concentrated in one or more industries within the information technology sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.16

Average Daily Volume

11,195

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	ILDR
30 Days	7.96%	4.70%
60 Days	9.99%	8.19%
90 Days	13.18%	10.10%
12 Months	38.99%	42.49%

19 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in ILDR	Overlap
AMZN	C	0.85%	6.57%	0.85%
ANET	C	0.75%	1.06%	0.75%
AVGO	D	0.75%	2.87%	0.75%
CEG	D	0.64%	2.41%	0.64%
DDOG	A	0.79%	0.85%	0.79%
ISRG	A	0.8%	1.03%	0.8%
LLY	F	0.67%	0.35%	0.35%
META	D	0.76%	3.56%	0.76%
MSFT	F	0.76%	4.89%	0.76%
NFLX	A	0.85%	1.14%	0.85%
NOW	A	0.84%	3.17%	0.84%
NVDA	C	0.79%	8.61%	0.79%
ORCL	B	0.82%	6.12%	0.82%
PANW	C	0.83%	1.16%	0.83%
QCOM	F	0.72%	1.65%	0.72%
SQ	B	0.85%	1.12%	0.85%
TTD	B	0.8%	0.8%	0.8%
TW	A	0.74%	0.94%	0.74%
UBER	D	0.7%	2.96%	0.7%

JOET Overweight 105 Positions Relative to ILDR

Symbol	Grade	Weight
APP	B	1.3%
AXON	A	1.03%
PLTR	B	1.0%
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%
CRWD	B	0.87%
RCL	A	0.87%
CRM	B	0.86%
APO	B	0.86%
DFS	B	0.86%
HEI	B	0.85%
FCNCA	A	0.85%
PH	A	0.85%
PODD	C	0.85%
HWM	A	0.84%
HBAN	A	0.84%
CMI	A	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%
ROL	B	0.81%
IR	B	0.81%
AXP	A	0.81%
BR	A	0.81%
VRT	B	0.81%
GWW	B	0.81%
ADSK	A	0.81%
FAST	B	0.81%
JPM	A	0.81%
FITB	A	0.81%
ETN	A	0.8%
SPGI	C	0.8%
DOV	A	0.8%
PGR	A	0.8%
APH	A	0.8%
BRO	B	0.8%
CINF	A	0.79%
ALL	A	0.79%
COST	B	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%
PWR	A	0.78%
BK	A	0.77%
TRV	B	0.77%
MLM	B	0.77%
BRK.A	B	0.77%
NVR	D	0.76%
AFL	B	0.76%
ACN	C	0.76%
AMAT	F	0.76%
NU	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%
KLAC	D	0.73%
GD	F	0.73%
PHM	D	0.73%
ACGL	D	0.72%
FSLR	F	0.72%
XYL	D	0.71%
RMD	C	0.71%
ADI	D	0.7%
DHI	D	0.69%
MELI	D	0.69%
O	D	0.69%
IRM	D	0.67%
AMD	F	0.66%
CHKP	D	0.65%
MPWR	F	0.49%
SMCI	F	0.29%

JOET Underweight 39 Positions Relative to ILDR

Symbol	Grade	Weight
GOOG	C	-3.78%
SHOP	B	-2.09%
MU	D	-1.82%
MRVL	B	-1.73%
GTLS	B	-1.46%
TOST	B	-1.44%
WDAY	B	-1.4%
DUK	C	-1.33%
SMR	B	-1.31%
MRK	F	-1.24%
BMRN	D	-1.21%
AVAV	D	-1.18%
BWXT	B	-1.16%
TMO	F	-1.1%
RMBS	C	-1.08%
ZS	C	-1.07%
V	A	-1.04%
DT	C	-1.03%
AVTR	F	-1.01%
VRTX	F	-0.98%
HALO	F	-0.93%
SWTX	C	-0.9%
FOLD	F	-0.89%
ADBE	C	-0.89%
GEV	B	-0.79%
CYBR	B	-0.76%
MDB	C	-0.75%
GTLB	B	-0.69%
AKAM	D	-0.68%
MDGL	B	-0.68%
MIRM	B	-0.67%
OKLO	B	-0.58%
ABBV	D	-0.57%
GRAB	B	-0.56%
NBIX	C	-0.5%
ABNB	C	-0.48%
RCUS	F	-0.44%
REGN	F	-0.43%
SGBX	F	-0.41%