JOET vs. SPHB ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$92.72

Average Daily Volume

224,294

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	SPHB
30 Days	7.96%	4.79%
60 Days	9.99%	5.15%
90 Days	13.18%	6.95%
12 Months	38.99%	29.95%

39 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in SPHB	Overlap
ADI	D	0.7%	0.85%	0.7%
ADSK	A	0.81%	1.06%	0.81%
AMAT	F	0.7%	1.22%	0.7%
AMD	F	0.65%	1.52%	0.65%
AMZN	C	0.82%	1.09%	0.82%
ANET	C	0.74%	1.36%	0.74%
APH	A	0.78%	0.85%	0.78%
AVGO	D	0.72%	1.56%	0.72%
CARR	D	0.75%	0.95%	0.75%
CEG	D	0.67%	1.01%	0.67%
CRM	B	0.84%	1.1%	0.84%
CRWD	B	0.88%	1.6%	0.88%
DECK	A	0.79%	0.92%	0.79%
DHI	D	0.69%	0.71%	0.69%
ETN	A	0.79%	1.07%	0.79%
FSLR	F	0.68%	0.83%	0.68%
HUBB	B	0.75%	0.97%	0.75%
ISRG	A	0.8%	0.89%	0.8%
KLAC	D	0.69%	1.09%	0.69%
LEN	D	0.73%	0.75%	0.73%
META	D	0.74%	1.21%	0.74%
MLM	B	0.77%	0.73%	0.73%
MPWR	F	0.48%	1.1%	0.48%
NOW	A	0.82%	1.12%	0.82%
NVDA	C	0.79%	2.08%	0.79%
ORCL	B	0.84%	1.17%	0.84%
PANW	C	0.82%	1.04%	0.82%
PH	A	0.84%	0.99%	0.84%
PHM	D	0.73%	0.85%	0.73%
PODD	C	0.87%	1.02%	0.87%
PWR	A	0.8%	1.16%	0.8%
PYPL	B	0.77%	1.07%	0.77%
QCOM	F	0.68%	1.07%	0.68%
RCL	A	0.88%	1.25%	0.88%
RMD	C	0.74%	0.76%	0.74%
SMCI	F	0.41%	0.81%	0.41%
UAL	A	0.94%	1.57%	0.94%
UBER	D	0.68%	0.95%	0.68%
URI	B	0.75%	1.25%	0.75%

JOET Overweight 85 Positions Relative to SPHB

Symbol	Grade	Weight
APP	B	1.48%
COIN	C	1.12%
PLTR	B	1.05%
AXON	A	1.04%
GRMN	B	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%
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%
HBAN	A	0.84%
RF	A	0.83%
AMP	A	0.83%
RJF	A	0.83%
CMI	A	0.82%
CFG	B	0.82%
MTB	A	0.82%
SYK	C	0.82%
BSX	B	0.81%
FAST	B	0.81%
JPM	A	0.81%
GWW	B	0.81%
DDOG	A	0.81%
VMC	B	0.81%
CINF	A	0.8%
FITB	A	0.8%
PGR	A	0.8%
WELL	A	0.8%
WMT	A	0.8%
BR	A	0.8%
NTRS	A	0.8%
AXP	A	0.8%
BRO	B	0.8%
RSG	A	0.8%
IR	B	0.8%
GM	B	0.79%
TTD	B	0.79%
COST	B	0.79%
HIG	B	0.79%
ALL	A	0.79%
WRB	A	0.79%
ROL	B	0.79%
TT	A	0.79%
CTAS	B	0.79%
BRK.A	B	0.78%
PCAR	B	0.78%
TW	A	0.78%
DOV	A	0.78%
SPGI	C	0.78%
BK	A	0.77%
WAB	B	0.77%
TRV	B	0.77%
TSCO	D	0.76%
AFL	B	0.76%
IT	C	0.76%
MA	C	0.76%
EXR	D	0.75%
ACN	C	0.75%
PSA	D	0.75%
PFG	D	0.75%
CMG	B	0.74%
ROST	C	0.74%
MSFT	F	0.74%
CB	C	0.74%
CAT	B	0.74%
NVR	D	0.74%
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%
NU	C	0.65%
LLY	F	0.64%
CHKP	D	0.64%

JOET Underweight 58 Positions Relative to SPHB

Symbol	Grade	Weight
TSLA	B	-1.93%
NCLH	B	-1.63%
CCL	B	-1.63%
ALB	C	-1.51%
VST	B	-1.4%
BLDR	D	-1.39%
GNRC	B	-1.37%
CZR	F	-1.25%
BX	A	-1.22%
LRCX	F	-1.21%
MU	D	-1.2%
TER	D	-1.18%
CDNS	B	-1.18%
KKR	A	-1.17%
DAY	B	-1.16%
ON	D	-1.15%
SNPS	B	-1.11%
JBL	B	-1.09%
ALGN	D	-1.03%
WDC	D	-1.03%
BKNG	A	-1.02%
ABNB	C	-1.02%
FICO	B	-1.0%
BXP	D	-1.0%
LW	C	-0.99%
INTC	D	-0.99%
NXPI	D	-0.98%
ZBRA	B	-0.97%
LULU	C	-0.96%
MCHP	D	-0.93%
KEYS	A	-0.92%
KEY	B	-0.92%
INTU	C	-0.92%
WBD	C	-0.88%
ROK	B	-0.86%
ANSS	B	-0.84%
GOOG	C	-0.84%
TROW	B	-0.82%
FCX	D	-0.81%
EPAM	C	-0.8%
ADBE	C	-0.8%
IVZ	B	-0.8%
CPRT	A	-0.79%
KMX	B	-0.79%
GE	D	-0.78%
CRL	C	-0.77%
MHK	D	-0.76%
SWKS	F	-0.76%
TXN	C	-0.76%
ARE	D	-0.75%
MGM	D	-0.75%
EFX	F	-0.73%
IDXX	F	-0.69%
ENPH	F	-0.69%
IQV	D	-0.62%
AES	F	-0.61%
APTV	D	-0.58%
QRVO	F	-0.56%