JOET vs MVLL

Comparison between VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF (JOET, ETF) and GRANITESHARES 2X LONG MRVL DAILY ETF (MVLL, ETF).

JOET vs MVLL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JOET(ETF)	MVLL(ETF)
Net Assets	$243M	$243M
Expense Ratio	0.29%	N/A
Max Drawdown	26.58%	78.87%
Sharpe Ratio	0.65	1.72
5Y Beta	0.97	4.90
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

Winner

JOET

$243M

MVLL

$243M

Expense Ratio

JOET

0.29%

MVLL

N/A

Max Drawdown

Winner

JOET

26.58%

MVLL

78.87%

Sharpe Ratio

JOET

0.65

Winner

MVLL

1.72

5Y Beta

Winner

JOET

0.97

MVLL

4.90

P/E Ratio

JOET

23.67

MVLL

N/A

Forward P/E

JOET

20.08

MVLL

N/A

PEG Ratio

JOET

0.11

MVLL

N/A

5Y Dividends CAGR

JOET

67.26%

MVLL

N/A

5Y EPS CAGR

JOET

18.04%

MVLL

N/A

Debt to Equity

JOET

54.93%

MVLL

N/A

P/S Ratio

JOET

2.87

MVLL

N/A

P/B Ratio

JOET

4.66

MVLL

N/A

JOET vs MVLL - Historical Returns

Returns include dividend reinvestment.

Period	JOET	MVLL
1 month	+1.70%	+27.76%
3 months	+5.25%	-7.78%
6 months	+7.91%	+390.50%
1 year	+11.32%	+341.05%
5 years(CAGR)	+9.06%	N/A
Max(CAGR)	+12.26%	+139.24%

JOET

+1.70%

Winner

MVLL

+27.76%

Winner

JOET

+5.25%

MVLL

-7.78%

JOET

+7.91%

Winner

MVLL

+390.50%

JOET

+11.32%

Winner

MVLL

+341.05%

5Y(CAGR)

JOET

+9.06%

MVLL

N/A

Max(CAGR)

JOET

+12.26%

Winner

MVLL

+139.24%

JOET vs MVLL - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	JOET	MVLL
2026	+8.93%	+262.58%
2025	+11.77%	-10.19%
2024	+25.51%	N/A
2023	+17.11%	N/A
2022	-17.36%	N/A
2021	+28.56%	N/A
2020	+6.00%	N/A

JOET vs MVLL Drawdown Comparison

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

The maximum drawdown for MVLL was -78.87%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The current JOET drawdown is -2.75%. The current MVLL drawdown is -61.30%.

Rank	JOET	MVLL
#1	-26.58% Dec 27, 2021 - Feb 9, 2024	-78.87% Jun 4, 2026 - Jul 29, 2026
#2	-19.56% Dec 6, 2024 - Jun 30, 2025	-59.02% Mar 24, 2025 - Jul 30, 2025
#3	-10.42% Jan 6, 2026 - May 6, 2026	-48.93% Dec 3, 2025 - Apr 6, 2026
#4	-9.06% Jul 16, 2024 - Aug 23, 2024	-46.87% Jul 30, 2025 - Oct 6, 2025
#5	-8.96% Feb 12, 2021 - Apr 5, 2021	-34.94% Oct 8, 2025 - Dec 3, 2025
#6	-7.36% Sep 3, 2021 - Oct 21, 2021	-15.08% Mar 7, 2025 - Mar 24, 2025
#7	-6.68% Mar 28, 2024 - Jul 3, 2024	-14.81% Apr 23, 2026 - May 5, 2026
#8	-6.35% Oct 27, 2025 - Jan 6, 2026	-14.79% May 14, 2026 - May 20, 2026
#9	-5.63% Nov 16, 2021 - Dec 27, 2021	-14.57% May 6, 2026 - May 13, 2026
#10	-4.99% Apr 26, 2021 - Jun 11, 2021	-8.81% May 26, 2026 - Jun 1, 2026
#11	-4.59% Aug 30, 2024 - Sep 17, 2024	-4.15% Oct 6, 2025 - Oct 8, 2025
#12	-4.50% Jan 20, 2021 - Feb 8, 2021	-1.61% Apr 15, 2026 - Apr 17, 2026
#13	-3.50% Jun 4, 2026 - Jun 15, 2026	-0.31% Apr 6, 2026 - Apr 8, 2026
#14	-3.47% Jul 25, 2025 - Aug 27, 2025	N/A
#15	-3.43% Oct 14, 2024 - Nov 6, 2024	N/A