JOET - ETF AI Analysis
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Virtus Terranova US Quality Momentum ETF (JOET)
JOET vs. SPDR S&P 500 ETF (SPY)
- AUM
- 235.43M
- Region
- North America
- Expense Ratio
- 0.29%
- Beta
- 0.98
- Issuer
- Virtus
- Inception Date
- Nov 17, 2020
- Dividend Yield
- 0.61%
- Asset Class
- Equity
- Index Tracked
- Terranova US Quality Momentum Index
JOET Summary
JOET is the Virtus Terranova US Quality Momentum ETF, which follows the Terranova US Quality Momentum Index. It focuses on large, established U.S. companies that show strong business performance and rising stock prices. The fund spreads your money across many sectors, including technology, energy, health care, and financials. Well-known holdings include Exxon Mobil and Hewlett Packard Enterprise. An investor might choose JOET for growth potential combined with diversification across many industries. However, it still invests in the stock market, so its value can go up and down with overall market conditions.
How much will it cost me?
This ETF has an expense ratio of 0.29%, which means you’ll pay about $2.90 per year for every $1,000 invested. That’s a bit higher than the average low-cost index ETF because JOET follows a more specialized, rules-based strategy focused on quality and momentum rather than simple broad-market indexing.
What would affect this ETF?
JOET could benefit if the U.S. economy stays healthy, technology and energy companies continue to grow, and investors favor large, financially strong stocks with steady price gains, which fits its quality momentum focus and U.S. large-cap exposure. On the other hand, rising interest rates, a slowdown in tech or energy, or market stress that hurts momentum strategies and large U.S. companies could weigh on the fund’s performance, and any new regulations or taxes affecting these sectors could also be a drag.
JOET Top 10 Holdings
JOET is leaning heavily into U.S. tech and AI momentum, with names like AMD, Marvell, and Palo Alto Networks acting as key engines for returns, even if their recent trading has been a bit mixed and choppy. Okta and NetApp add more cloud and cybersecurity firepower, helping keep the fund’s growth story intact. On the steadier side, ConocoPhillips and Newmont bring energy and materials ballast, rising more gradually and softening volatility when tech wobbles. Overall, it’s a U.S.-centric, innovation-focused portfolio with a few old-school stabilizers in the mix.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 OKTA | Okta | 1.28% | $3.04M | $36.40B | 136.88% | 75Outperform |
 COP | Conocophillips | 1.03% | $2.45M | $185.04B | 74.76% | 78Outperform |
 HPE | Hewlett Packard Enterprise | 1.01% | $2.41M | $73.13B | 125.69% | 68Neutral |
 A | Agilent | 1.01% | $2.41M | $49.30B | 21.98% | 73Outperform |
 LNG | Cheniere Energy | 0.99% | $2.36M | $67.45B | 56.16% | 71Outperform |
 NTAP | NetApp | 0.98% | $2.34M | $39.12B | 72.35% | 76Outperform |
 MRVL | Marvell | 0.98% | $2.34M | $172.22B | 121.75% | 76Outperform |
 WAT | Waters | 0.98% | $2.33M | $45.46B | 34.94% | 70Outperform |
 AMD | Advanced Micro Devices | 0.98% | $2.33M | $824.07B | 98.09% | 73Outperform |
 WST | West Pharmaceutical Services | 0.97% | $2.31M | $28.74B | 48.14% | 68Neutral |
JOET Technical Analysis
Price Trends
Market Momentum
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 45.29 is below the 20-day moving average (MA) of 45.61, below the 50-day MA of 45.52, and above the 200-day MA of 44.03, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 46.89 is Neutral, neither overbought nor oversold. The STOCH value of 72.10 is Neutral, 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 | $45.29 | $51.00(12.61% Upside) | $235.43M | 0.29% | 74Outperform |
 INFO | $27.73 | $34.10(22.96% Upside) | $961.91M | 0.35% | 74Outperform |
 AFLG | $44.27 | $53.00(19.72% Upside) | $933.48M | 0.55% | 74Outperform |
 XVV | $57.72 | $71.07(23.13% Upside) | $902.08M | 0.08% | 74Outperform |
 PTL | $269.36 | $341.50(26.78% Upside) | $888.20M | 0.09% | 70Neutral |
 ROCY | $54.69 | $67.21(22.89% Upside) | $890.97M | 0.35% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JOET | Virtus Terranova US Quality Momentum ETF | 45.29 | 2.76 | 6.49% | |
| INFO | Harbor PanAgora Dynamic Large Cap Core ETF | 27.73 | 3.30 | 13.53% | |
| AFLG | First Trust Active Factor Large Cap ETF | 44.27 | 5.48 | 14.14% | |
| XVV | iShares ESG Screened S&P 500 ETF | 57.72 | 5.42 | 10.37% | |
| PTL | Inspire 500 ETF | 269.36 | 20.84 | 8.38% | |
| ROCY | JPMorgan Equity Premium Yield ETF | 54.69 | 6.65 | 13.83% |
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.