JOET vs. SPMV ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

$40.63

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JOET	SPMV
30 Days	7.96%	1.14%
60 Days	9.99%	2.01%
90 Days	13.18%	4.46%
12 Months	38.99%	26.03%

20 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in SPMV	Overlap
ACGL	D	0.69%	0.22%	0.22%
ACN	C	0.75%	0.31%	0.31%
AMZN	C	0.82%	3.04%	0.82%
AVGO	D	0.72%	2.03%	0.72%
BRK.A	B	0.78%	2.95%	0.78%
BRO	B	0.8%	0.81%	0.8%
CB	C	0.74%	2.56%	0.74%
CRM	B	0.84%	1.66%	0.84%
GD	F	0.7%	0.06%	0.06%
JPM	A	0.81%	0.62%	0.62%
LLY	F	0.64%	0.63%	0.63%
META	D	0.74%	0.32%	0.32%
MSFT	F	0.74%	2.76%	0.74%
NOW	A	0.82%	1.77%	0.82%
NVDA	C	0.79%	3.53%	0.79%
ORCL	B	0.84%	2.23%	0.84%
PGR	A	0.8%	1.65%	0.8%
QCOM	F	0.68%	2.64%	0.68%
RSG	A	0.8%	0.55%	0.55%
TRV	B	0.77%	1.0%	0.77%

JOET Overweight 104 Positions Relative to SPMV

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%
PH	A	0.84%
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%
PANW	C	0.82%
BSX	B	0.81%
FAST	B	0.81%
GWW	B	0.81%
DDOG	A	0.81%
VMC	B	0.81%
ADSK	A	0.81%
CINF	A	0.8%
FITB	A	0.8%
WELL	A	0.8%
WMT	A	0.8%
BR	A	0.8%
NTRS	A	0.8%
AXP	A	0.8%
PWR	A	0.8%
ISRG	A	0.8%
IR	B	0.8%
GM	B	0.79%
TTD	B	0.79%
COST	B	0.79%
DECK	A	0.79%
HIG	B	0.79%
ALL	A	0.79%
WRB	A	0.79%
ETN	A	0.79%
ROL	B	0.79%
TT	A	0.79%
CTAS	B	0.79%
PCAR	B	0.78%
TW	A	0.78%
DOV	A	0.78%
APH	A	0.78%
SPGI	C	0.78%
MLM	B	0.77%
PYPL	B	0.77%
BK	A	0.77%
WAB	B	0.77%
TSCO	D	0.76%
AFL	B	0.76%
IT	C	0.76%
MA	C	0.76%
CARR	D	0.75%
EXR	D	0.75%
PSA	D	0.75%
HUBB	B	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%
RMD	C	0.74%
NVR	D	0.74%
PHM	D	0.73%
LEN	D	0.73%
MELI	D	0.71%
XYL	D	0.71%
ADI	D	0.7%
AMAT	F	0.7%
CPNG	D	0.7%
O	D	0.7%
DHI	D	0.69%
IRM	D	0.69%
KLAC	D	0.69%
UBER	D	0.68%
FSLR	F	0.68%
CEG	D	0.67%
AMD	F	0.65%
NU	C	0.65%
CHKP	D	0.64%
MPWR	F	0.48%
SMCI	F	0.41%

JOET Underweight 55 Positions Relative to SPMV

Symbol	Grade	Weight
GEV	B	-3.69%
TMUS	B	-3.37%
CSCO	B	-3.31%
AON	A	-3.14%
AAPL	C	-2.9%
ABT	B	-2.84%
PG	A	-2.81%
MMC	B	-2.77%
AJG	B	-2.7%
MRK	F	-2.46%
MDLZ	F	-2.46%
HD	A	-2.25%
VRTX	F	-2.25%
ADBE	C	-2.01%
AMT	D	-1.83%
VRSK	A	-1.7%
ZTS	D	-1.66%
NEE	D	-1.63%
SRE	A	-1.56%
GIS	D	-1.47%
DUK	C	-1.34%
JNJ	D	-1.2%
REGN	F	-1.07%
HSY	F	-1.03%
AEE	A	-1.02%
PFE	D	-0.99%
VZ	C	-0.97%
TDY	B	-0.96%
AEP	D	-0.95%
MKC	D	-0.78%
INTU	C	-0.74%
CCI	D	-0.7%
XOM	B	-0.69%
RTX	C	-0.66%
IBM	C	-0.56%
GOOG	C	-0.55%
TJX	A	-0.5%
NEM	D	-0.47%
SO	D	-0.47%
ELV	F	-0.45%
TSN	B	-0.42%
HRL	D	-0.38%
IDXX	F	-0.37%
AMGN	D	-0.32%
BIIB	F	-0.3%
T	A	-0.29%
KHC	F	-0.28%
ADM	D	-0.26%
AIG	B	-0.25%
PCG	A	-0.24%
CVS	D	-0.22%
XEL	A	-0.2%
TRMB	B	-0.1%
GILD	C	-0.09%
BA	F	-0.05%