JOET - ETF AI Analysis

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Virtus Terranova US Quality Momentum ETF (JOET)

Rating:75Outperform

Price Target:―

JOET, the Virtus Terranova US Quality Momentum ETF, earns a solid overall rating thanks to high-quality leaders like Chubb and Westinghouse Air Brake Technologies, which bring strong financial performance, positive earnings calls, and supportive technical trends to the portfolio. Other holdings such as Quanta Services and Edison International further support the fund with robust results and generally favorable outlooks, though several positions share risks like high valuation, overbought or mixed technical signals, and company-specific issues such as wildfire liabilities or sector challenges that can limit upside and add volatility.

Positive Factors

Strong Top Holdings Performance

Many of the largest positions, especially in technology and industrials, have shown strong gains this year, helping support the ETF’s overall results.

Sector Diversification Across the U.S. Economy

The fund spreads its investments across several key sectors like technology, financials, industrials, and consumer stocks, which helps reduce the impact if any one area slows down.

Moderate Expense Ratio for an Active Strategy

The ETF’s fee is moderate for a rules-based, quality-momentum strategy, allowing investors to keep a reasonable share of returns after costs.

Negative Factors

Heavy U.S.-Only Exposure

With almost all assets in U.S. companies, the fund offers little geographic diversification and is highly tied to the health of the U.S. market.

Concentration in Technology and Financials

A large portion of the portfolio is in technology and financial stocks, which can increase risk if these sectors experience a downturn.

Recent Performance Only Modestly Positive

While returns have been positive year-to-date and in recent months, they have been relatively modest, which may not appeal to investors seeking stronger recent momentum.

JOET vs. SPDR S&P 500 ETF (SPY)

AUM226.58M

RegionNorth America

Expense Ratio0.29%

Beta1.04

IssuerVirtus

Inception DateNov 17, 2020

Dividend Yield0.68%

Asset ClassEquity

Index TrackedTerranova U.S. Quality Momentum Index - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume25,823

30 Day Avg. Volume30,289

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

49.43

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering125

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

JOET Summary

JOET is an ETF that follows the Terranova U.S. Quality Momentum Index, focusing on large U.S. companies that are both financially strong and showing recent stock price strength. It holds well-known names like Micron and Ulta Beauty, and spreads investments across many sectors, with a tilt toward technology and financials. Someone might invest in JOET to seek growth from leading U.S. companies while still getting broad diversification across industries. A key risk is that it can rise or fall quickly with shifts in market momentum, especially if popular large-cap stocks lose favor.

How much will it cost me?The expense ratio for the Virtus Terranova US Quality Momentum ETF (JOET) is 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, focusing on selecting stocks with strong quality and momentum factors. Active management typically involves more research and trading, which increases costs.

What would affect this ETF?The Virtus Terranova US Quality Momentum ETF (JOET) could benefit from strong performance in the U.S. large-cap market, particularly in sectors like technology and financials, which make up a significant portion of its holdings. Positive economic growth and innovation within these sectors may drive momentum for the ETF. However, rising interest rates or economic slowdowns could negatively impact financial and consumer cyclical stocks, while regulatory changes in technology or communication services could also pose risks.

JOET Top 10 Holdings

JOET is leaning into U.S. large caps with a clear tilt toward industrial strength and steady growers rather than flashy Big Tech. Vertiv is the star of the show, with powerful momentum that’s helping pull the fund higher, while Howmet Aerospace, Trane Technologies, and Quanta Services form a rising industrial backbone. Defensive names like Merck and Hershey add a steadier, slow-and-steady drumbeat. With all holdings U.S.-based and no single mega-cap dominating, the fund feels more like a diversified relay team than a one-stock hero story.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
VRT	Vertiv Holdings	1.19%	$2.69M	$101.53B	219.39%	77 Outperform
PWR	Quanta Services	1.00%	$2.26M	$84.82B	126.50%	78 Outperform
EIX	Edison International	0.96%	$2.17M	$27.30B	27.10%	77 Outperform
HWM	Howmet Aerospace	0.96%	$2.17M	$97.76B	98.60%	67 Neutral
ROST	Ross Stores	0.95%	$2.16M	$67.87B	70.19%	80 Outperform
HSY	The Hershey Company	0.95%	$2.15M	$43.68B	25.33%	76 Outperform
WELL	Welltower	0.95%	$2.15M	$143.88B	41.34%	77 Outperform
CME	CME Group	0.93%	$2.09M	$111.60B	19.76%	74 Outperform
CB	Chubb	0.92%	$2.09M	$128.58B	14.21%	80 Outperform
LYV	Live Nation Entertainment	0.92%	$2.09M	$37.25B	38.46%	69 Neutral

JOET Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

42.49

Negative

100DMA

42.28

Negative

200DMA

41.67

Negative

Market Momentum

MACD

-0.49

Positive

RSI

30.27

Neutral

STOCH

10.65

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JOET, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 42.05, equal to the 50-day MA of 42.49, and equal to the 200-day MA of 41.67, indicating a bearish trend. The MACD of -0.49 indicates Positive momentum. The RSI at 30.27 is Neutral, neither overbought nor oversold. The STOCH value of 10.65 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JOET.

JOET Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
JOET	―	―	$226.58M	0.29%	75 Outperform
EFIV	―	―	$978.26M	0.10%	75 Outperform
VOTE	―	―	$971.62M	0.05%	74 Outperform
QQQJ	―	―	$878.89M	0.15%	68 Neutral
MODL	―	―	$855.14M	0.46%	74 Outperform
BALI	―	―	$845.95M	0.35%	72 Outperform

Performance Comparison

JOET

Virtus Terranova US Quality Momentum ETF

40.27

3.57

9.73%

EFIV

SPDR S&P 500 ESG ETF

―

VOTE

Engine No. 1 Transform 500 ETF

―

QQQJ

Invesco NASDAQ Next Gen 100 ETF

―

MODL

VictoryShares WestEnd U.S. Sector ETF

―

BALI

BlackRock Advantage Large Cap Income ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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