JOET Virtus Terranova U.S. Quality Momentum ETF
What is JOET?
JOET tracks an equal-weighted index of large-cap stocks in the US displaying quality fundamental and technical attributes.
JOET Factset Analytics Insight
JOET tracks the Terranova U.S. Quality Momentum Index, which aims to combine strong quality fundamentals with positive momentum technical trends. Constituent eligibility begins with the 500 largest US securities by market capitalization, which are then screened and ranked based on a momentum and quality score based on the following factors: (i) return-on-equity, (ii) debt-to-equity, and (iii) sales growth rate. A composite score is then calculated and assigned wherein the top 125 securities with positive momentum form the Underlying Index. Finally, the fund is equally-weighted at every quarterly rebalance and reconstitution. JOET’s underlying index is the brainchild of Joe Terranova, Senior Managing Director and Chief Market Strategist for Virtus Investment Partners. His market expertise and investing principles are utilized in the index methodology.
JOET Summary Data
JOET Portfolio Data
JOET Index Data
JOET Portfolio Management
JOET Tax Exposures
JOET Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JOET. JOET is rated a N/A out of 5.
JOET Top 10 Holdings
JOET Performance Statistics
JOET Benchmark Comparison Summary
JOET Benchmark Comparison Market Cap Size