JOET vs. MRX

Last updated Jul 17, 2026

JOET (Virtus Terranova U.S. Quality Momentum ETF) is Momentum fund tracking the Terranova U.S. Quality Momentum Index, while MRX (Marex Group PLC) is a stock. At a 0.05 correlation, their price movements are largely independent.

Performance

JOET vs. MRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Terranova U.S. Quality Momentum ETF (JOET) and Marex Group PLC (MRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JOET

• 1D: -0.31%
• 1M: -0.37%
• 6M: 5.15%
• YTD: 7.83%
• 1Y: 12.06%
• 3Y*: 16.61%
• 5Y*: 10.13%
• 10Y*: —

MRX

• 1D: -2.34%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JOET vs. MRX - Yearly Performance Comparison

	2026 (YTD)
JOET Virtus Terranova U.S. Quality Momentum ETF	-2.15%
MRX Marex Group PLC	4.27%

Correlation

The correlation between JOET and MRX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2026	0.05

Return for Risk

JOET vs. MRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JOET

JOET Risk / Return Rank: 30
JOET Sharpe Ratio Rank: 29
JOET Sortino Ratio Rank: 28
JOET Omega Ratio Rank: 27
JOET Calmar Ratio Rank: 28
JOET Martin Ratio Rank: 36

MRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JOET vs. MRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Terranova U.S. Quality Momentum ETF (JOET) and Marex Group PLC (MRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JOET	MRX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	—	—
Sortino ratio: Return per unit of downside risk	1.31	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.16	—	—
Martin ratio: Return relative to average drawdown	4.43	—	—

Drawdowns

JOET vs. MRX - Drawdown Comparison

The maximum JOET drawdown since its inception was -26.58%, which is greater than MRX's maximum drawdown of -9.59%. Use the drawdown chart below to compare losses from any high point for JOET and MRX.

Drawdown Indicators

	JOET	MRX	Difference
Max Drawdown Largest peak-to-trough decline	-26.58%	-9.59%	-16.99%
Max Drawdown (1Y) Largest decline over 1 year	-10.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	—	—
Current Drawdown Current decline from peak	-2.15%	-9.59%	+7.44%
Average Drawdown Average peak-to-trough decline	-7.05%	-3.81%	-3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	—	—

Volatility

Volatility by Period

	JOET	MRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.98%	66.46%	-52.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.82%	66.46%	-48.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	66.46%	-48.97%

Dividends

JOET vs. MRX - Dividend Comparison

JOET's dividend yield for the trailing twelve months is around 0.61%, while MRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
JOET Virtus Terranova U.S. Quality Momentum ETF	0.61%	0.65%	0.71%	1.32%	1.25%	0.42%	0.08%
MRX Marex Group PLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JOET and MRX in my portfolio?

JOET and MRX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.