ETF overview
The ETF's primary objective is to offer investors exposure to large-capitalization U.S. companies that exhibit both robust financial fundamentals and favorable technical momentum trends. It endeavors to achieve investment outcomes that closely mirror the performance of the Terranova U.S. Quality Momentum Index, prior to accounting for fees and expenses. This index was conceptualized and developed by Joe Terranova, who holds the positions of Senior Managing Director and Chief Market Strategist for Virtus Investment Partners. Its distinct methodology is rooted in the extensive investment principles he has honed over his three-decade career on Wall Street. Indxx, LLC serves as the official index provider and calculation agent. The professionals managing the fund's portfolio are associated with Virtus Investment Advisers, LLC, which acts as the Fund's designated adviser.
Fund facts
- Expense ratio
- 0.29%
- Fund assets
- 233.48M USD (all share classes)
- Issuer
- Virtus
- Inception date
- Nov 17, 2020
- Number of holdings
- 124
Breakdown
Holdings (124)
| Name | Ticker | Weight |
|---|---|---|
| Okta Inc | OKTA | 1.22% |
| Marvell Technology Inc | MRVL | 1.10% |
| Hewlett Packard Enterprise Co | HPE | 1.03% |
| Newmont Corp | NEM | 1.01% |
| Agilent Technologies Inc | A | 1.00% |
| ConocoPhillips | COP | 0.99% |
| Advanced Micro Devices Inc | AMD | 0.99% |
| NetApp Inc | NTAP | 0.98% |
| Fortinet Inc | FTNT | 0.97% |
| Gilead Sciences Inc | GILD | 0.93% |
| and 111 more | ||
Similar ETFs
- First Trust Large Cap Growth AlphaDEX FundFTC · Overlap 40% · Expense ratio 0.58%
- Hartford Multifactor US Equity ETFROUS · Overlap 34% · Expense ratio 0.19%
- JPMorgan U.S. Momentum Factor ETFJMOM · Overlap 32% · Expense ratio 0.12%
- iShares MSCI USA Min Vol Factor ETFUSMV · Overlap 31% · Expense ratio 0.15%
- iShares ESG Optimized MSCI USA ETFSUSA · Overlap 30% · Expense ratio 0.25%
- State Street SPDR MSCI USA StrategicFactors ETFQUS · Overlap 30% · Expense ratio 0.15%
- iShares Edge S&P 500 Minimum Volatility UCITS ETFSPMV.L · Overlap 31% · Expense ratio 0.20%
- iShares MSCI Min Vol USA Index ETFXMU.TO · Overlap 31% · Expense ratio 0.33%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.

Virtus Terranova U.S. Quality Momentum ETF (JOET)
- Expense ratio
- 0.29%
- Fund assets
- 233.48M USD (all share classes)
- Issuer
- Virtus
- Inception date
- Nov 17, 2020
- Number of holdings
- 124
| Name | Ticker | Weight |
|---|---|---|
| Okta Inc | OKTA | 1.22% |
| Marvell Technology Inc | MRVL | 1.10% |
| Hewlett Packard Enterprise Co | HPE | 1.03% |
| Newmont Corp | NEM | 1.01% |
| Agilent Technologies Inc | A | 1.00% |
| ConocoPhillips | COP | 0.99% |
| Advanced Micro Devices Inc | AMD | 0.99% |
| NetApp Inc | NTAP | 0.98% |
| Fortinet Inc | FTNT | 0.97% |
| Gilead Sciences Inc | GILD | 0.93% |
| and 111 more | ||
The ETF's primary objective is to offer investors exposure to large-capitalization U.S. companies that exhibit both robust financial fundamentals and favorable technical momentum trends. It endeavors to achieve investment outcomes that closely mirror the performance of the Terranova U.S. Quality Momentum Index, prior to accounting for fees and expenses. This index was conceptualized and developed by Joe Terranova, who holds the positions of Senior Managing Director and Chief Market Strategist for Virtus Investment Partners. Its distinct methodology is rooted in the extensive investment principles he has honed over his three-decade career on Wall Street. Indxx, LLC serves as the official index provider and calculation agent. The professionals managing the fund's portfolio are associated with Virtus Investment Advisers, LLC, which acts as the Fund's designated adviser.
- First Trust Large Cap Growth AlphaDEX FundFTC · Overlap 40% · Expense ratio 0.58%
- Hartford Multifactor US Equity ETFROUS · Overlap 34% · Expense ratio 0.19%
- JPMorgan U.S. Momentum Factor ETFJMOM · Overlap 32% · Expense ratio 0.12%
- iShares MSCI USA Min Vol Factor ETFUSMV · Overlap 31% · Expense ratio 0.15%
- iShares ESG Optimized MSCI USA ETFSUSA · Overlap 30% · Expense ratio 0.25%
- State Street SPDR MSCI USA StrategicFactors ETFQUS · Overlap 30% · Expense ratio 0.15%
- iShares Edge S&P 500 Minimum Volatility UCITS ETFSPMV.L · Overlap 31% · Expense ratio 0.20%
- iShares MSCI Min Vol USA Index ETFXMU.TO · Overlap 31% · Expense ratio 0.33%
Overlap is the share of assets the two funds hold in common.
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