FFND vs. JOET
Compare and contrast key facts about Future Fund Active ETF (FFND) and Virtus Terranova U.S. Quality Momentum ETF (JOET).
FFND and JOET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFND is an actively managed fund by Future Fund Advisors. It was launched on Aug 24, 2021. JOET is a passively managed fund by Virtus Investment Partners that tracks the performance of the Terranova U.S. Quality Momentum Index. It was launched on Nov 17, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFND or JOET.
Correlation
The correlation between FFND and JOET is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FFND vs. JOET - Performance Comparison
Key characteristics
FFND:
0.39
JOET:
0.38
FFND:
0.69
JOET:
0.66
FFND:
1.09
JOET:
1.09
FFND:
0.36
JOET:
0.39
FFND:
1.60
JOET:
1.49
FFND:
5.39%
JOET:
5.10%
FFND:
22.01%
JOET:
20.25%
FFND:
-47.84%
JOET:
-26.58%
FFND:
-13.78%
JOET:
-14.13%
Returns By Period
In the year-to-date period, FFND achieves a -6.65% return, which is significantly higher than JOET's -7.31% return.
FFND
-6.65%
-7.47%
-2.44%
10.02%
N/A
N/A
JOET
-7.31%
-5.58%
-7.12%
8.96%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFND vs. JOET - Expense Ratio Comparison
FFND has a 1.01% expense ratio, which is higher than JOET's 0.29% expense ratio.
Risk-Adjusted Performance
FFND vs. JOET — Risk-Adjusted Performance Rank
FFND
JOET
FFND vs. JOET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Future Fund Active ETF (FFND) and Virtus Terranova U.S. Quality Momentum ETF (JOET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FFND vs. JOET - Dividend Comparison
FFND has not paid dividends to shareholders, while JOET's dividend yield for the trailing twelve months is around 0.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
FFND Future Fund Active ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% |
JOET Virtus Terranova U.S. Quality Momentum ETF | 0.76% | 0.71% | 1.32% | 1.25% | 0.42% | 0.08% |
Drawdowns
FFND vs. JOET - Drawdown Comparison
The maximum FFND drawdown since its inception was -47.84%, which is greater than JOET's maximum drawdown of -26.58%. Use the drawdown chart below to compare losses from any high point for FFND and JOET. For additional features, visit the drawdowns tool.
Volatility
FFND vs. JOET - Volatility Comparison
The current volatility for Future Fund Active ETF (FFND) is 12.63%, while Virtus Terranova U.S. Quality Momentum ETF (JOET) has a volatility of 13.45%. This indicates that FFND experiences smaller price fluctuations and is considered to be less risky than JOET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.