JOET vs APMU

Comparison between VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF (JOET, ETF) and ACTIVEPASSIVE INTERMEDIATE MUNICIPAL BOND ETF (APMU, ETF).

JOET vs APMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JOET(ETF)	APMU(ETF)
Net Assets	$243M	$244M
Expense Ratio	0.29%	0.35%
Max Drawdown	26.58%	5.20%
Sharpe Ratio	0.65	-0.58
5Y Beta	0.97	0.01
P/E Ratio	23.67	N/A
Forward P/E	20.08	N/A
PEG Ratio	0.11	N/A
5Y Dividends CAGR	67.26%	N/A
5Y EPS CAGR	18.04%	N/A
Debt to Equity	54.93%	N/A
P/S Ratio	2.87	N/A
P/B Ratio	4.66	N/A

Net Assets

JOET

$243M

Winner

APMU

$244M

Expense Ratio

Winner

JOET

0.29%

APMU

0.35%

Max Drawdown

JOET

26.58%

Winner

APMU

5.20%

Sharpe Ratio

Winner

JOET

0.65

APMU

-0.58

5Y Beta

JOET

0.97

Winner

APMU

0.01

P/E Ratio

JOET

23.67

APMU

N/A

Forward P/E

JOET

20.08

APMU

N/A

PEG Ratio

JOET

0.11

APMU

N/A

5Y Dividends CAGR

JOET

67.26%

APMU

N/A

5Y EPS CAGR

JOET

18.04%

APMU

N/A

Debt to Equity

JOET

54.93%

APMU

N/A

P/S Ratio

JOET

2.87

APMU

N/A

P/B Ratio

JOET

4.66

APMU

N/A

JOET vs APMU - Historical Returns

Returns include dividend reinvestment.

Period	JOET	APMU
1 month	+1.70%	+0.94%
3 months	+5.25%	+0.67%
6 months	+7.91%	-1.20%
1 year	+11.32%	+2.16%
5 years(CAGR)	+9.06%	N/A
Max(CAGR)	+12.26%	+2.10%

Winner

JOET

+1.70%

APMU

+0.94%

Winner

JOET

+5.25%

APMU

+0.67%

Winner

JOET

+7.91%

APMU

-1.20%

Winner

JOET

+11.32%

APMU

+2.16%

5Y(CAGR)

JOET

+9.06%

APMU

N/A

Max(CAGR)

Winner

JOET

+12.26%

APMU

+2.10%

JOET vs APMU - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	JOET	APMU
2026	+8.93%	+0.30%
2025	+11.77%	+4.41%
2024	+25.51%	+1.04%
2023	+17.11%	+1.24%
2022	-17.36%	N/A
2021	+28.56%	N/A
2020	+6.00%	N/A

JOET vs APMU Drawdown Comparison

The maximum drawdown for JOET was -26.58%, occurring on Jun 17, 2022. Recovery took 533 trading sessions.

The maximum drawdown for APMU was -4.39%, occurring on Oct 6, 2023. Recovery took 150 trading sessions.

The current JOET drawdown is -2.75%. The current APMU drawdown is -1.21%.

Rank	JOET	APMU
#1	-26.58% Dec 27, 2021 - Feb 9, 2024	-4.39% May 3, 2023 - Dec 6, 2023
#2	-19.56% Dec 6, 2024 - Jun 30, 2025	-2.46% Feb 28, 2025 - Jun 24, 2025
#3	-10.42% Jan 6, 2026 - May 6, 2026	-2.40% Feb 26, 2026 - Mar 24, 2026
#4	-9.06% Jul 16, 2024 - Aug 23, 2024	-1.99% Feb 1, 2024 - Jul 31, 2024
#5	-8.96% Feb 12, 2021 - Apr 5, 2021	-1.68% Oct 2, 2024 - Feb 25, 2025
#6	-7.36% Sep 3, 2021 - Oct 21, 2021	-0.98% Dec 27, 2023 - Feb 1, 2024
#7	-6.68% Mar 28, 2024 - Jul 3, 2024	-0.87% Nov 11, 2025 - Jan 7, 2026
#8	-6.35% Oct 27, 2025 - Jan 6, 2026	-0.80% Sep 17, 2025 - Nov 11, 2025
#9	-5.63% Nov 16, 2021 - Dec 27, 2021	-0.54% Aug 2, 2024 - Aug 21, 2024
#10	-4.99% Apr 26, 2021 - Jun 11, 2021	-0.26% Aug 23, 2024 - Sep 4, 2024
#11	-4.59% Aug 30, 2024 - Sep 17, 2024	-0.20% Dec 7, 2023 - Dec 13, 2023
#12	-4.50% Jan 20, 2021 - Feb 8, 2021	-0.20% Sep 16, 2024 - Sep 27, 2024
#13	-3.50% Jun 4, 2026 - Jun 15, 2026	-0.20% Jan 15, 2026 - Jan 27, 2026
#14	-3.47% Jul 25, 2025 - Aug 27, 2025	-0.18% Jul 9, 2025 - Jul 29, 2025
#15	-3.43% Oct 14, 2024 - Nov 6, 2024	-0.18% Aug 18, 2025 - Aug 27, 2025