Virtus Terranova U.S. Quality Momentum ETF
$45.95−0.10 (−0.21%)
- 0.29%
- $238M
- +10.7%
- 0.60%
- 0M sh
- $46.16
- low $38.80high $47.46
The ETF.net JOET Grade
B
Score 61 out of 100
- 41 of 99
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B57 out of 100Rank 38 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 10 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 62 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 74 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 24 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 73 of 99
Our read on JOET
BA CNBC regular's playbook in ETF form. Joe Terranova's index screens large U.S. companies for quality fundamentals and positive price momentum, then equal-weights the roughly 200 survivors so no mega-cap runs the show.
The Fund seeks to track, before fees and expenses, the price and yield performance of the Terranova U.S. Quality Momentum Index.
Why people hold it
- Two screens, not one: names must clear quality fundamentals and show positive momentum, and the index is rebuilt quarterly so the momentum reading stays current.virtus.comvirtus.com
- Equal weighting spreads roughly 200 positions evenly, so the portfolio never leans on a few trillion-dollar names the way cap-weighted large-cap funds do.virtus.com
- At 0.29% a year, the fee sits within a hair of the typical U.S. factor ETF, so the rules-based twist isn't priced as a boutique product.
- No black box: Terranova built the methodology from his own 30-plus years on Wall Street, Indxx calculates the index, and the rules are published.virtus.com
Worth knowing
- A modestly sized fund that trades lightly next to headline factor ETFs, so spreads can be wider and limit orders are the usual way to handle that.
- Single-factor peers cost less (SIZE at 0.15%, MGV at 0.05%), though neither stacks a momentum screen on top of quality.
- Quarterly refreshes mean the lineup turns over as market leadership rotates, and the ride has been bumpier than the typical U.S. factor ETF.virtus.com
JOET Holdings
- Stocks
- 125
- 11%
- OKTA
Sectors
- Technology30.3%
- Industrials16.4%
- Financials13.6%
- Health Care12.6%
- Energy10.5%
- Consumer Discretionary6.0%
- Materials2.5%
- Communication2.3%
- Consumer Staples2.2%
- Utilities2.2%
- Real Estate1.5%
Geography
- United States92.20%
- Ireland3.06%
- Switzerland1.59%
- Brazil0.87%
- Singapore0.83%
- United Kingdom0.75%
- Bermuda0.71%
JOET Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
JOET$11,069
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JOET |
|---|---|
| Year to date | +9.6% |
| 1 month | +1.2% |
| 3 months | +0.2% |
| 1 year | +10.7% |
| 3 years | +19.0% |
| 5 years | +10.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JOET |
|---|---|---|
| 2026 YTD | +9.6% | |
| 2025 | +11.9% | |
| 2024 | +24.0% | |
| 2023 | +16.4% | |
| 2022 | −18.0% | |
| 2021 | +26.8% | |
| 2020 | +5.2% |
JOET in the news
JOET Dividends
- 0.60%
- $0.27
- $0.27 per share
- Annual
Distribution history
JOET Risk
- 14.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.93
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −26.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JOET Cost
0.29%
JOET0.29%
- The middle half of US Multifactor funds
- Median 0.30%
40 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- BUSMFWisdomTree U.S. Multifactor FundExpense ratio 0.28%1 year return +6.3%
- BSPGPInvesco S&P 500 GARP ETFExpense ratio 0.34%1 year return +11.2%
- BSEUSSEI QiM U.S. Equity Factor Allocation Active ETFExpense ratio 0.30%1 year return —
- BJPSEJPMorgan Diversified Return U.S. Small Cap Equity ETFExpense ratio 0.29%1 year return +19.8%
- BQARPXtrackers Russell 1000 US Quality at a Reasonable Price ETFExpense ratio 0.19%1 year return +24.4%