JOET vs. TRFM ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to AAM Transformers ETF (TRFM)

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

TRFM

AAM Transformers ETF

TRFM Description

AAM Transformers ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across aerospace & defense, electronic components, IT consulting & other services, alternative carriers, electronic equipment & instruments, oil & gas refining & marketing, application software, heavy electrical equipment, independent power and renewable electricity producers, automobile manufacturers, hotels, resorts & cruise lines and leisure, semiconductors and semiconductor equipment, communications equipment, industrial machinery, consumer electronics, interactive home entertainment, specialty chemicals, copper, interactive media & services, systems software, data processing & outsourced services, internet & direct marketing retail, technology hardware and equipment, storage & peripherals, electrical components & equipment, internet services & infrastructure, trucking, communication services, media and entertainment, telecommunication services, diversified telecommunication services, consumer discretionary, automobiles and components, consumer durables and apparel, household durables, consumer services, retailing, energy, oil, gas and consumable fuels, industrials, capital goods, machinery, transportation, road and rail, information technology, software and services, IT services, materials, chemicals, metals and mining, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Pence Transformers Index, by using full replication technique. AAM Transformers ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$39.23

Average Daily Volume

3,017

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	JOET	TRFM
30 Days	7.96%	11.72%
60 Days	9.99%	14.86%
90 Days	13.18%	16.44%
12 Months	38.99%	37.14%

32 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in TRFM	Overlap
ACN	C	0.76%	0.53%	0.53%
ADSK	A	0.81%	0.68%	0.68%
AMD	F	0.66%	0.81%	0.66%
AMZN	C	0.85%	0.98%	0.85%
ANET	C	0.75%	0.69%	0.69%
APH	A	0.8%	0.66%	0.66%
APP	B	1.3%	1.83%	1.3%
AVGO	D	0.75%	1.0%	0.75%
AXON	A	1.03%	0.92%	0.92%
CPNG	D	0.74%	0.64%	0.64%
CRM	B	0.86%	1.1%	0.86%
CRWD	B	0.87%	0.78%	0.78%
DDOG	A	0.79%	0.65%	0.65%
ETN	A	0.8%	1.02%	0.8%
FSLR	F	0.72%	0.48%	0.48%
FTNT	C	0.89%	0.71%	0.71%
HEI	B	0.85%	0.6%	0.6%
HUBB	B	0.74%	0.31%	0.31%
HWM	A	0.84%	0.69%	0.69%
KLAC	D	0.73%	0.5%	0.5%
MA	C	0.78%	0.86%	0.78%
MELI	D	0.69%	0.48%	0.48%
META	D	0.76%	0.91%	0.76%
MPWR	F	0.49%	0.41%	0.41%
MSFT	F	0.76%	0.83%	0.76%
NOW	A	0.84%	0.99%	0.84%
NVDA	C	0.79%	1.12%	0.79%
ORCL	B	0.82%	1.05%	0.82%
PANW	C	0.83%	0.94%	0.83%
SMCI	F	0.29%	0.29%	0.29%
SQ	B	0.85%	0.76%	0.76%
UBER	D	0.7%	0.8%	0.7%

JOET Overweight 92 Positions Relative to TRFM

Symbol	Grade	Weight
PLTR	B	1.0%
COIN	C	0.98%
GRMN	B	0.97%
SPOT	B	0.94%
UAL	A	0.91%
DAL	C	0.89%
IBKR	A	0.89%
DOCU	A	0.88%
SYF	B	0.87%
RCL	A	0.87%
APO	B	0.86%
DFS	B	0.86%
NFLX	A	0.85%
FCNCA	A	0.85%
PH	A	0.85%
PODD	C	0.85%
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%
FAST	B	0.81%
JPM	A	0.81%
FITB	A	0.81%
SPGI	C	0.8%
DOV	A	0.8%
ISRG	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%
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%
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%
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%
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%
ADI	D	0.7%
DHI	D	0.69%
O	D	0.69%
LLY	F	0.67%
IRM	D	0.67%
CHKP	D	0.65%
CEG	D	0.64%

JOET Underweight 141 Positions Relative to TRFM

Symbol	Grade	Weight
TSLA	B	-1.22%
VST	B	-1.06%
GOOGL	C	-0.93%
GEV	B	-0.92%
INTU	C	-0.89%
V	A	-0.86%
SHOP	B	-0.84%
IBM	C	-0.83%
RKLB	B	-0.82%
TXN	C	-0.82%
AAPL	C	-0.79%
HUBS	A	-0.78%
TEAM	A	-0.77%
DASH	A	-0.77%
ZS	C	-0.74%
ADBE	C	-0.74%
FICO	B	-0.74%
MRVL	B	-0.74%
EMR	A	-0.72%
NET	B	-0.68%
CPAY	A	-0.67%
SE	B	-0.67%
CDNS	B	-0.67%
SNOW	C	-0.66%
SNPS	B	-0.66%
RBLX	C	-0.66%
AME	A	-0.65%
IOT	A	-0.65%
ABNB	C	-0.64%
TCOM	B	-0.64%
MU	D	-0.63%
TTWO	A	-0.63%
PDD	F	-0.6%
RDDT	B	-0.59%
WDAY	B	-0.59%
FTV	C	-0.59%
GFS	C	-0.58%
TYL	B	-0.58%
MDB	C	-0.58%
TSM	B	-0.58%
TDG	D	-0.57%
PINS	D	-0.56%
ARM	D	-0.56%
STX	D	-0.55%
LRCX	F	-0.55%
SAP	B	-0.53%
ABBV	D	-0.51%
ZK	D	-0.49%
BA	F	-0.48%
CLSK	C	-0.47%
CRDO	B	-0.47%
ASML	F	-0.44%
LITE	B	-0.43%
PAY	B	-0.43%
TOST	B	-0.43%
LYFT	C	-0.41%
MARA	C	-0.41%
BILL	A	-0.41%
XPEV	C	-0.4%
GTLS	B	-0.39%
SITM	B	-0.39%
COHR	B	-0.38%
GRAB	B	-0.38%
RBRK	A	-0.37%
CFLT	B	-0.37%
BILI	D	-0.36%
AFRM	B	-0.36%
VERX	B	-0.36%
RMBS	C	-0.36%
GNRC	B	-0.35%
FOUR	B	-0.34%
MTSI	B	-0.34%
PCOR	B	-0.34%
BE	B	-0.34%
SNAP	C	-0.33%
EXLS	B	-0.33%
GLBE	B	-0.33%
GDS	C	-0.33%
NVT	B	-0.32%
S	B	-0.32%
CWAN	B	-0.32%
AI	B	-0.32%
ALKT	B	-0.32%
AVAV	D	-0.31%
AGYS	A	-0.31%
IPGP	D	-0.31%
GLOB	B	-0.31%
LI	F	-0.31%
FLYW	C	-0.31%
SMTC	B	-0.31%
BMI	B	-0.3%
ERJ	B	-0.3%
PTC	A	-0.3%
PI	D	-0.3%
ITT	A	-0.3%
NTNX	A	-0.3%
AEIS	B	-0.3%
MNDY	C	-0.29%
GTLB	B	-0.29%
FROG	C	-0.29%
WWD	B	-0.28%
FLNC	C	-0.28%
CLBT	B	-0.28%
DCI	B	-0.28%
CYBR	B	-0.28%
AMBA	B	-0.28%
EVTC	B	-0.28%
BZ	F	-0.28%
APPF	B	-0.27%
NDSN	B	-0.27%
DT	C	-0.27%
SMAR	A	-0.27%
DLO	C	-0.27%
CGNX	C	-0.27%
POWI	D	-0.27%
ORA	B	-0.27%
ASX	D	-0.27%
ENS	D	-0.26%
AY	B	-0.26%
BRZE	C	-0.26%
SYNA	C	-0.26%
ENTG	D	-0.25%
SLAB	D	-0.25%
SPSC	C	-0.25%
HCP	B	-0.25%
STNE	F	-0.24%
ALGM	D	-0.24%
FORM	D	-0.24%
AIN	C	-0.24%
OLED	D	-0.23%
RIVN	F	-0.23%
SPR	D	-0.23%
ONTO	D	-0.23%
NIO	F	-0.23%
PAGS	F	-0.22%
TER	D	-0.22%
AES	F	-0.21%
UMC	F	-0.21%
MQ	F	-0.2%
ZETA	D	-0.18%
RUN	F	-0.14%

TRFM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Aerospace & Defense Semiconductor Equipment & Materials Information Technology Services Auto Manufacturers Diversified Industrials Electronic Components Internet Content & Information Scientific & Technical Instruments Business Services Internet Content & Information Specialty Retail Utilities - Independent Power Producers Communication Equipment Credit Services Data Storage Electronic Gaming & Multimedia Internet Retail