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Virtus Terranova U.S. Quality Momentum ETF (JOET)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US92790A5048

CUSIP

92790A504

Issuer

Virtus Investment Partners

Inception Date

Nov 17, 2020

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Terranova U.S. Quality Momentum Index

Asset Class

Equity

Asset Class Size

Large-Cap

Expense Ratio

JOET features an expense ratio of 0.29%, falling within the medium range.


Expense ratio chart for JOET: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
JOET vs. SPY JOET vs. FFND JOET vs. ONEO JOET vs. VOO JOET vs. VONG JOET vs. QQQ JOET vs. SCHD JOET vs. ARKK JOET vs. JEPI JOET vs. SWPPX
Popular comparisons:
JOET vs. SPY JOET vs. FFND JOET vs. ONEO JOET vs. VOO JOET vs. VONG JOET vs. QQQ JOET vs. SCHD JOET vs. ARKK JOET vs. JEPI JOET vs. SWPPX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Virtus Terranova U.S. Quality Momentum ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.24%
8.53%
JOET (Virtus Terranova U.S. Quality Momentum ETF)
Benchmark (^GSPC)

Returns By Period

Virtus Terranova U.S. Quality Momentum ETF had a return of 25.20% year-to-date (YTD) and 25.60% in the last 12 months.


JOET

YTD

25.20%

1M

-2.61%

6M

12.24%

1Y

25.60%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of JOET, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.39%7.28%3.15%-5.32%2.73%2.54%1.28%3.48%2.22%0.08%10.27%25.20%
20234.98%-2.42%0.52%0.08%-1.72%6.32%3.09%-1.92%-4.12%-4.45%9.64%6.38%16.34%
2022-10.09%-2.07%3.35%-9.05%-0.04%-8.17%9.05%-2.85%-7.57%9.69%6.12%-5.37%-18.04%
2021-2.60%0.55%3.91%4.92%0.76%3.44%4.12%3.56%-5.80%8.53%-0.69%4.07%26.79%
20202.19%3.73%6.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 79, JOET is among the top 21% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of JOET is 7979
Overall Rank
The Sharpe Ratio Rank of JOET is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of JOET is 7777
Sortino Ratio Rank
The Omega Ratio Rank of JOET is 7777
Omega Ratio Rank
The Calmar Ratio Rank of JOET is 8282
Calmar Ratio Rank
The Martin Ratio Rank of JOET is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Virtus Terranova U.S. Quality Momentum ETF (JOET) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for JOET, currently valued at 1.88, compared to the broader market0.002.004.001.882.10
The chart of Sortino ratio for JOET, currently valued at 2.58, compared to the broader market-2.000.002.004.006.008.0010.002.582.80
The chart of Omega ratio for JOET, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.39
The chart of Calmar ratio for JOET, currently valued at 3.02, compared to the broader market0.005.0010.0015.003.023.09
The chart of Martin ratio for JOET, currently valued at 11.24, compared to the broader market0.0020.0040.0060.0080.00100.0011.2413.49
JOET
^GSPC

The current Virtus Terranova U.S. Quality Momentum ETF Sharpe ratio is 1.88. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Virtus Terranova U.S. Quality Momentum ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.88
2.10
JOET (Virtus Terranova U.S. Quality Momentum ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Virtus Terranova U.S. Quality Momentum ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%0.20%0.40%0.60%0.80%1.00%1.20%1.40%$0.00$0.10$0.20$0.30$0.402020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.00$0.41$0.33$0.14$0.02

Dividend yield

0.00%1.32%1.25%0.42%0.08%

Monthly Dividends

The table displays the monthly dividend distributions for Virtus Terranova U.S. Quality Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.41$0.41
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.33$0.33
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2020$0.02$0.02

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.48%
-2.62%
JOET (Virtus Terranova U.S. Quality Momentum ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Virtus Terranova U.S. Quality Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus Terranova U.S. Quality Momentum ETF was 26.58%, occurring on Jun 17, 2022. Recovery took 413 trading sessions.

The current Virtus Terranova U.S. Quality Momentum ETF drawdown is 6.48%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.58%Dec 28, 2021120Jun 17, 2022413Feb 9, 2024533
-9.06%Jul 17, 202414Aug 5, 202414Aug 23, 202428
-8.96%Feb 16, 202113Mar 4, 202121Apr 5, 202134
-7.5%Dec 9, 20248Dec 18, 2024
-7.36%Sep 7, 202120Oct 4, 202113Oct 21, 202133

Volatility

Volatility Chart

The current Virtus Terranova U.S. Quality Momentum ETF volatility is 5.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.48%
3.79%
JOET (Virtus Terranova U.S. Quality Momentum ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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