Virtus Terranova US Quality Momentum ETF (JOET)

NYSEARCA: JOET · Real-Time Price · USD
41.51
-0.10 (-0.24%)
At close: Aug 14, 2025, 4:00 PM
41.51
0.00 (0.00%)
After-hours: Aug 14, 2025, 8:00 PM EDT
-0.24%
Assets$213.56M
Expense Ratio0.29%
PE Ratio25.03
Shares Out5.05M
Dividend (ttm)$0.27
Dividend Yield0.64%
Ex-Dividend DateDec 20, 2024
Payout FrequencyAnnual
Payout Ratio16.25%
Volume48,324
Open41.45
Previous Close41.61
Day's Range41.40 - 41.65
52-Week Low31.56
52-Week High41.86
Beta1.07
Holdings126
Inception DateNov 17, 2020

About JOET

Fund Home Page

The Virtus Terranova US Quality Momentum ETF (JOET) is an exchange-traded fund that is based on the Terranova U.S. Quality Momentum index. The fund tracks an equal-weighted index of large-cap stocks in the US displaying quality fundamental and technical attributes. JOET was launched on Nov 17, 2020 and is issued by Virtus Investment Partners.

Asset Class Equity
Category Large Blend
Region North America
Stock Exchange NYSEARCA
Ticker Symbol JOET
Index Tracked Terranova U.S. Quality Momentum Index

Top 10 Holdings

9.07% of assets
NameSymbolWeight
AppLovin CorporationAPP1.00%
Arista Networks IncANET0.95%
Palantir Technologies Inc.PLTR0.94%
Electronic Arts Inc.EA0.93%
IDEXX Laboratories, Inc.IDXX0.91%
Meta Platforms, Inc.META0.87%
Williams-Sonoma, Inc.WSM0.87%
TKO Group Holdings, Inc.TKO0.87%
Newmont CorporationNEM0.86%
The Allstate CorporationALL0.86%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 20, 2024$0.26695Dec 27, 2024
Dec 20, 2023$0.40546Dec 29, 2023
Dec 20, 2022$0.33389Dec 29, 2022
Dec 20, 2021$0.13999Dec 29, 2021
Dec 21, 2020$0.02096Dec 30, 2020
Full Dividend History

Performance

JOET had a total return of 21.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.28%.

News

Trade Tracker: Joe Terranova boosts crypto exposure in his JOET ETF

Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's "Halftime Report" to explain why he's adding more crypto exposure to his ETF.

10 days ago - CNBC Television

JOET: High-Turnover Factor Duo Underperforms The S&P 500, Skeptical View Merited

JOET is a passively managed ETF offering exposure to 125 large-cap momentum stocks with robust quality. While JOET has delivered solid YTD performance, its total return since inception is still weaker...

12 days ago - Seeking Alpha

JOET: Relative Underperformance And Elevated Volatility Raise Doubts About The Fund's Strategy

The Virtus Terranova US Quality Momentum ETF (JOET) combines quality and momentum strategies, but its mid-cap bias leads to below-average profitability and higher volatility. JOET's allocation skews t...

3 months ago - Seeking Alpha

Trade Tracker: Joe Terranova shares his ETF rebalance strategy and Bryn Talkington buys the ETHA

Joe Terranova, Senior Managing Director for Virtus Investment Partners, and Bryn Talkington, Managing Partner of Requisite Capital Management, joins CNBC's "Halftime Report" to detail their latest por...

6 months ago - CNBC Television

JOET: Inspecting CNBC Star Joe Terranova's Momentum ETF

I have a hold rating on JOET due to its sound strategy, low cost, and solid chart, yet it has underperformed other momentum funds. JOET focuses on U.S.-listed large-cap companies with strong quality f...

7 months ago - Seeking Alpha

JOET: Recent Performance Surprise Does Not Change Long-Term View

Virtus Terranova U.S. Quality Momentum ETF is a passively managed ETF focused on promising stocks at the intersection of quality and momentum. JOET has outperformed the S&P 500 since my June article, ...

9 months ago - Seeking Alpha

JOET: A Quality ETF Struggling In The Current Market Environment

Quality-based portfolios are still attractive amid an economic slowdown, with Virtus Terranova U.S. Quality Momentum ETF offering exposure to high-quality companies with strong relative performance. T...

1 year ago - Seeking Alpha

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 fe...

1 year ago - Seeking Alpha

JOET: Quality, Equal Weight, And Worth A Look

The Virtus Terranova U.S. Quality Momentum ETF seeks to track the Terranova U.S. Quality Momentum Index, focusing on large-cap US companies with strong quality fundamentals and positive momentum trend...

1 year ago - Seeking Alpha

Inside the JOET Rebalance

Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to discuss his JOET ETF portfolio rebalance.

1 year ago - CNBC Television

JOET: Well-Diversified ETF Combining Quality, Momentum, And Unexpected Value

Virtus Terranova U.S. Quality Momentum ETF holds 125 large and mid-caps screened on quality and momentum. It is well-diversified across sectors and holdings.

2 years ago - Seeking Alpha

JOET: Preventing Momentum Crash Risk With Quality Overlay

Virtus Terranova U.S. Quality Momentum ETF's quality overlay significantly reduces momentum crash risk. Excess returns are no fluke, as this exchange-traded fund hosts a cutting-edge strategy.

2 years ago - Seeking Alpha

JOET: Mixing Quality And Momentum

JOET picks large-cap companies with a ranking system based on trend, profitability, and growth. It follows an equal-weight methodology.

3 years ago - Seeking Alpha

JOET: Flawed Screens Doom This Quality Momentum ETF

JOET introduces the concept of quality momentum, seeking to combine fundamental and technical analysis with a straightforward rules-based strategy. Fees are 0.29% annually and JOET has $83 million in ...

3 years ago - Seeking Alpha

JOET: This Promising Strategy Has Yet To Prove Itself

JOET has an original strategy mixing 3 time-proven concepts: quality, momentum and equal weight.

3 years ago - Seeking Alpha

JOET: Play Momentum With Quality In Mind

JOET attempted to bridge the size, momentum, and quality factors in an effort to eliminate the permanent threat hanging over minimalist strategies chasing top performers.

4 years ago - Seeking Alpha

JOET Is High On Momentum But Low On Risk

JOET is an ETF that combines momentum and quality in large-cap stocks. Quality factors help reduce momentum crashes.

4 years ago - Seeking Alpha

JOET: A Unique Quality And Momentum ETF

JOET strategy and performance.

4 years ago - Seeking Alpha

Virtus Terranova U.S. Quality Momentum ETF: Too Much Concentration Risk For Serious Consideration Today

The Virtus Terranova U.S. Quality Momentum ETF was launched three months ago and follows a transparent strategy that screens stocks for momentum, then grades them based on three quality factors. I tes...

4 years ago - Seeking Alpha

Momentum And Quality: CNBC Star Joe Terranova Is Force Behind New JOET ETF

Virtus Managing Director and Chief Investment Strategist Joe Terranova, a name familiar to a slew of investors due to his appearances on CNBC programs including “Fast Money” and “The Halftime Report,”...

5 years ago - Benzinga

Virtus' Terranova on his new ETF that begins trading today

CNBC's Scott Wapner talks with Joe Terranova about his new index and exchange-traded fund, Virtus Terranova U.S. Quality. The ticker is JOET.

5 years ago - CNBC Television

Virtus ETFs Launches Core Equity Exchange Traded Fund Driven by the Investment Principles of Joe Terranova

Virtus Terranova U.S. Quality Momentum ETF begins trading under the ticker 'JOET'

5 years ago - PRNewsWire