Virtus Terranova U.S. Quality Momentum ETF (JOET)
Market Closed
17 Jul, 20:00
ARCA ARCA Primary $
45. 00
-0.29
-0.6403%
$
243.22M Market Cap
1.62% Div Yield
18,100 Volume
$ 45.29
Previous Close 
Want to track JOET and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
JOET: Top-Quality Portfolio With Performance Weaknesses
JOET is an index-based ETF that amalgamates two potent factors, namely momentum and quality, targeting mega- and large-caps. Despite looking promising, JOET has underperformed the S&P 500 ETF and a few quality ETFs since its inception in November 2020. Downside and upside capture were also unsatisfying. At the same time, its portfolio has excellent quality that comes with solid growth and momentum exposure.
Seekingalpha | 2 years ago
