Virtus Terranova U.S. Qua... (JOET)
| Bid | 42.73 |
| Market Cap | 222.27M |
| AUM | 237.68M |
| NAV | 42.83 |
| EPS (ttm) | 1.73 |
| PE Ratio (ttm) | 24.73 |
| Shares Out | 5.19M |
| Inception Date | Nov 17, 2020 |
| Ask | 42.85 |
| Volume | 13,142 |
| Open | 42.87 |
| Previous Close | 43.01 |
| Day's Range | 42.70 - 42.90 |
| 52-Week Range | 31.56 - 43.17 |
| Holdings | 198 |
| Expense Ratio | 0.29% |
About JOET
The Fund strives to deliver exposure to U.S.-listed large-cap companies that combine strong quality fundamentals with positive momentum technical trends. The Fund seeks investment results that correspond, before fees and expenses, to the performance of the Terranova U.S. Quality Momentum Index.Joe Terranova , Senior Managing Director and Chief Market Strategist for Virtus Investment Partners, created and developed the Terranova U.S. Quality Momentum Index, whose methodology reflects the investing principles he has utilized to assess markets throughout his 30+ year career on Wall Street. Indxx, LLC is the index provider and calculation agent. The portfolio managers are affiliated with Virtus Investment Advisers, LLC, the Fund's adviser.
Top Sectors
| Sector | Weight % |
|---|---|
| Financial Services | 34.58% |
| Technology | 21.06% |
| Industrials | 13.18% |
| Consumer Cyclical | 8.01% |
| Communication Services | 6.95% |
Top 10 Holdings 10.26% of assets
| Name | Symbol | Weight |
|---|---|---|
| Applovin Corporation | APP | 1.47% |
| Tesla, Inc. | TSLA | 1.04% |
| Electronic Arts Inc. | EA | 1.02% |
| Lam Research Corpora... | LRCX | 1.02% |
| Newmont Corporation | NEM | 1.02% |
| Robinhood Markets, I... | HOOD | 0.98% |
| Alphabet Inc. | GOOGL | 0.97% |
| Arista Networks, Inc... | ANET | 0.94% |
| Tko Group Holdings, ... | TKO | 0.92% |
| Kla Corporation | KLAC | 0.88% |
Dividends Dividend Yield 0.7%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Dec 20, 2024 | $0.2670 | Dec 27, 2024 |
| Dec 20, 2023 | $0.4055 | Dec 29, 2023 |
| Dec 20, 2022 | $0.3339 | Dec 29, 2022 |
| Dec 20, 2021 | $0.1400 | Dec 29, 2021 |
| Dec 21, 2020 | $0.0210 | Dec 30, 2020 |
2 months ago · seekingalpha.com
JOET: High-Turnover Factor Duo Underperforms The S&P 500, Skeptical View MeritedJOET is a passively managed ETF offering exposure to 125 large-cap momentum stocks with robust quality. While JOET has delivered solid YTD performance, its total return since inception is still weaker...