Virtus Terranova U.S. Quality Momentum ETF (JOET) Research
The ETF's primary objective is to offer investors exposure to large-capitalization U.S. companies that exhibit both robust financial fundamentals and favorable technical momentum trends. It endeavors to achieve investment outcomes that closely mirror the performance of the Terranova U.S. Quality Momentum Index, prior to accounting for fees and expenses. This index was conceptualized and developed by Joe Terranova, who holds the positions of Senior Managing Director and Chief Market Strategist for Virtus Investment Partners. Its distinct methodology is rooted in the extensive investment principles he has honed over his three-decade career on Wall Street. Indxx, LLC serves as the official index provider and calculation agent. The professionals managing the fund's portfolio are associated with Virtus Investment Advisers, LLC, which acts as the Fund's designated adviser.
Market snapshot
- Symbol
- JOET
- Price
- $45.54
- Day change
- +1.02%
- Market cap
- $237.1M
- 52-week range
- 38.801-45.925
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Conductor Global Equity Value ETF (CGV)
- Alliance Bernstein - AB Core Plus Bond ETF (CPLS)
- Strive U.S. Energy ETF (DRLL)
- Harbor Dividend Growth Leaders ETF (GDIV) (GDIV)
- State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
- iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD)
- Hartford Quality Value ETF (QUVU)
- Strive U.S. Semiconductor ETF (SHOC)
Open Virtus Terranova U.S. Quality Momentum ETF (JOET) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.