Key stats
About Virtus ETF Trust II Virtus Terranova U.S. Quality Momentum ETF
Expense ratio
0.29%
Home page
Inception date
Nov 17, 2020
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. JOETs 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stocks99.01%
Technology Services23.30%
Finance19.36%
Electronic Technology11.56%
Consumer Services5.73%
Producer Manufacturing5.72%
Health Technology5.64%
Energy Minerals5.54%
Retail Trade4.34%
Commercial Services3.80%
Industrial Services3.71%
Transportation3.00%
Consumer Durables2.36%
Distribution Services2.23%
Non-Energy Minerals2.05%
Process Industries0.67%
Bonds, Cash & Other0.99%
Cash0.99%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history