JOET vs. ULVM ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

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

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$86.63

Average Daily Volume

2,586

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	JOET	ULVM
30 Days	7.96%	6.04%
60 Days	9.99%	7.87%
90 Days	13.18%	10.00%
12 Months	38.99%	37.10%

35 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in ULVM	Overlap
APH	A	0.78%	0.8%	0.78%
APP	B	1.48%	1.08%	1.08%
AVGO	D	0.72%	0.41%	0.41%
AXP	A	0.8%	0.9%	0.8%
BK	A	0.77%	1.22%	0.77%
BRK.A	B	0.78%	1.38%	0.78%
BSX	B	0.81%	1.2%	0.81%
CFG	B	0.82%	0.66%	0.66%
COST	B	0.79%	0.95%	0.79%
DAL	C	0.87%	0.89%	0.87%
DHI	D	0.69%	0.47%	0.47%
FCNCA	A	0.89%	0.72%	0.72%
FITB	A	0.8%	0.76%	0.76%
GD	F	0.7%	1.11%	0.7%
GM	B	0.79%	0.72%	0.72%
GRMN	B	0.94%	0.82%	0.82%
HIG	B	0.79%	1.0%	0.79%
HWM	A	0.87%	0.66%	0.66%
IR	B	0.8%	0.81%	0.8%
IRM	D	0.69%	0.78%	0.69%
JPM	A	0.81%	1.03%	0.81%
LEN	D	0.73%	0.54%	0.54%
LLY	F	0.64%	0.49%	0.49%
META	D	0.74%	0.51%	0.51%
MLM	B	0.77%	0.89%	0.77%
NVDA	C	0.79%	0.42%	0.42%
NVR	D	0.74%	0.75%	0.74%
PHM	D	0.73%	0.58%	0.58%
SYF	B	0.86%	0.82%	0.82%
UAL	A	0.94%	0.91%	0.91%
URI	B	0.75%	0.55%	0.55%
VRT	B	0.92%	0.56%	0.56%
WAB	B	0.77%	1.03%	0.77%
WELL	A	0.8%	1.22%	0.8%
WMT	A	0.8%	1.2%	0.8%

JOET Overweight 89 Positions Relative to ULVM

Symbol	Grade	Weight
COIN	C	1.12%
PLTR	B	1.05%
AXON	A	1.04%
IBKR	A	0.94%
SPOT	B	0.93%
SQ	B	0.91%
NFLX	A	0.89%
RCL	A	0.88%
CRWD	B	0.88%
PODD	C	0.87%
FTNT	C	0.87%
DFS	B	0.86%
DOCU	A	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%
CMI	A	0.82%
MTB	A	0.82%
NOW	A	0.82%
SYK	C	0.82%
PANW	C	0.82%
FAST	B	0.81%
GWW	B	0.81%
DDOG	A	0.81%
VMC	B	0.81%
ADSK	A	0.81%
CINF	A	0.8%
PGR	A	0.8%
BR	A	0.8%
NTRS	A	0.8%
BRO	B	0.8%
PWR	A	0.8%
RSG	A	0.8%
ISRG	A	0.8%
TTD	B	0.79%
DECK	A	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%
SPGI	C	0.78%
PYPL	B	0.77%
TRV	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%
ACN	C	0.75%
PSA	D	0.75%
HUBB	B	0.75%
PFG	D	0.75%
CMG	B	0.74%
ANET	C	0.74%
ROST	C	0.74%
MSFT	F	0.74%
CB	C	0.74%
CAT	B	0.74%
RMD	C	0.74%
MELI	D	0.71%
XYL	D	0.71%
ADI	D	0.7%
AMAT	F	0.7%
CPNG	D	0.7%
O	D	0.7%
ACGL	D	0.69%
KLAC	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%
CHKP	D	0.64%
MPWR	F	0.48%
SMCI	F	0.41%

JOET Underweight 90 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	A	-1.47%
FI	A	-1.39%
L	A	-1.3%
TRGP	B	-1.28%
ETR	B	-1.27%
PEG	A	-1.22%
LMT	D	-1.19%
DUK	C	-1.18%
PKG	A	-1.16%
T	A	-1.09%
LDOS	C	-1.07%
RTX	C	-1.02%
SSNC	B	-1.01%
GDDY	A	-1.0%
FOXA	B	-0.99%
AVB	B	-0.98%
MCK	B	-0.96%
GS	A	-0.96%
KR	B	-0.96%
DGX	A	-0.94%
WFC	A	-0.94%
CTSH	B	-0.93%
COF	B	-0.92%
BAC	A	-0.92%
AIG	B	-0.91%
NWSA	B	-0.9%
EQH	B	-0.9%
VZ	C	-0.9%
VICI	C	-0.9%
TSN	B	-0.88%
ESS	B	-0.87%
CI	F	-0.87%
EXC	C	-0.86%
IBM	C	-0.86%
SPG	B	-0.86%
LYB	F	-0.85%
KIM	A	-0.85%
RGA	A	-0.85%
MSTR	C	-0.84%
C	A	-0.82%
WY	D	-0.82%
STLD	B	-0.81%
EME	C	-0.81%
KHC	F	-0.8%
DOW	F	-0.8%
CBRE	B	-0.76%
IP	B	-0.75%
TFC	A	-0.74%
TXT	D	-0.74%
GOOGL	C	-0.74%
VTRS	A	-0.73%
CSL	C	-0.73%
CASY	A	-0.72%
KKR	A	-0.72%
PSX	C	-0.71%
OC	A	-0.71%
ELV	F	-0.69%
FANG	D	-0.69%
REGN	F	-0.68%
DD	D	-0.67%
CRBG	B	-0.67%
VST	B	-0.67%
HCA	F	-0.67%
GE	D	-0.66%
PFE	D	-0.65%
UTHR	C	-0.64%
VLO	C	-0.62%
KEY	B	-0.62%
HPQ	B	-0.6%
FDX	B	-0.59%
NTAP	C	-0.59%
CVS	D	-0.58%
HPE	B	-0.58%
MPC	D	-0.58%
ARE	D	-0.55%
CNC	D	-0.54%
TOL	B	-0.53%
THC	D	-0.52%
WSM	B	-0.52%
ALLY	C	-0.48%
F	C	-0.46%
WDC	D	-0.46%
ADM	D	-0.44%
MU	D	-0.4%
BLDR	D	-0.4%
INTC	D	-0.39%
CVNA	B	-0.38%
SWKS	F	-0.38%
DELL	C	-0.34%
MRNA	F	-0.14%