Virtus Terranova U.S. Quality Momentum ETF (JOET)
ARCA ARCA Primary Summary
JOET Chart
JOET: Remains Unappealing On Factor, Performance Fronts, A Hold At Best
Virtus Terranova U.S. Quality Momentum ETF is a passively managed vehicle with a strategy bringing together the momentum and quality factors. JOET's underperformance continues as it has trailed IVV since the beginning of the year. Its active return for December 2020–April 2026 was -3.99%. JOET's persistent underdelivery once again raises questions about the efficacy of its dual-factor approach in generating alpha.
Virtus Terranova U.S. Quality Momentum ETF Q1 2026 Commentary
Concerns surrounding AI disruption recalibrated valuations lower for the software industry and select financial institutions. Value sectors such as energy, materials, utilities, consumer staples, industrials, and real estate advanced. Virtus Terranova U. S. Quality Momentum ETF posted a total return of -4.82% at NAV versus the Index's return of -4.77%.
Virtus Terranova U.S. Quality Momentum ETF Q4 2025 Commentary
The Terranova U.S. Quality Momentum Index filters securities based on positive technical momentum and then ranks them by measures of fundamental quality. The fourth quarter provided continued evidence of a healthier investing environment relative to the narrower market opportunities of the prior two years. During the fourth quarter, the S&P 500® Index ('SPX') posted 13.2% earnings growth and 8.3% revenue growth.
Virtus Terranova U.S. Quality Momentum ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 19,111 | $605,475.19 | $863,626.09 | $258,150.9 | 42.64% |
 Jeff Ameen Spire Wealth Management | 375 | $16,128.75 | $17,137.5 | $1,008.75 | 6.25% |
 Brian O'Rourke O'ROURKE & COMPANY Inc. | 11,994 | $506,408.1 | $544,887.42 | $38,479.32 | 7.6% |
 Mark Fiskio Empirical Asset Management LLC | 10,169 | $376,701.61 | $460,757.39 | $84,055.78 | 22.31% |
| BFG Bleakley Financial Group LLC Bleakley Financial Group LLC | 27,733 | $1.14M | $1.26M | $122,270.19 | 10.74% |
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Virtus Terranova U.S. Quality Momentum ETF Profile
| ARCA Exchange | US Country |
Overview
The company is focused on investing in a portfolio that mirrors the performance of quality large-capitalization companies listed in the United States. It operates by maintaining a consistent investment strategy, which entails allocating not less than 80% of its assets in the securities that form part of a specifically chosen index. This index includes a broad range of U.S. securities, including common stock and American Depositary Receipts (ADRs), aiming at capturing the essence of the American large-cap space. Through this approach, the fund seeks to offer investment opportunities aligned with the performance of leading U.S. companies, providing an avenue for investors to partake in the American economic landscape.
Products and Services
The company offers distinct investment products, each tailored to meet the needs of its clientele through strategic market positioning and adherence to its investment philosophy. Below is an outline of its primary offerings:
- Index-Based Investment Funds:
This product targets the replication of the performance of selected indexes, focusing on quality large-capitalization U.S. listed companies. It utilizes a passive investment strategy, aiming to provide returns that closely match those of the index it tracks. This makes it a suitable option for investors seeking exposure to the U.S. market's large-cap segment without the active management price tag.
- U.S. Securities Investment:
Emphasizing a robust investment in the U.S. market, the fund dedicates not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) to U.S. securities. This broad category includes not only common stocks but also ADRs, thus providing a diversified exposure to U.S. companies across different sectors. This approach is designed for investors looking to directly engage with the American economic and corporate landscape, benefiting from its potential for growth and stability.
