JOET vs PIE
Comparison between VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF (JOET, ETF) and INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF (PIE, ETF).
5-Year PerformanceJOET has outperformed PIE, delivering a return of +10.7% compared to +7.0%
JOET vs PIE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
JOET
$237M
Winner
PIE
$238M
Expense Ratio
Winner
JOET
0.29%
PIE
0.90%
Max Drawdown
Winner
JOET
26.58%
PIE
73.06%
Sharpe Ratio
JOET
0.81
Winner
PIE
2.10
5Y Beta
JOET
0.99
Winner
PIE
0.85
P/E Ratio
JOET
23.74
PIE
N/A
Forward P/E
JOET
19.42
PIE
N/A
PEG Ratio
JOET
0.15
PIE
N/A
5Y Dividends CAGR
Winner
JOET
67.26%
PIE
12.90%
5Y EPS CAGR
JOET
19.50%
PIE
N/A
Debt to Equity
JOET
56.57%
PIE
N/A
P/S Ratio
JOET
2.74
PIE
N/A
P/B Ratio
JOET
4.50
PIE
N/A
JOET vs PIE - Holdings Comparison
JOET and PIE have 1 common holdings. Overlap is 0.00%
JOET's top 25 holdings weight is 23.70%. PIE's top 25 holdings weight is 51.50%.
| Rank | JOET | PIE |
|---|---|---|
| #1 | DEVON ENERGY CORP (DVN) - 1.65% | ACCTON TECHNOLOGY CORP (n/a) - 3.88% |
| #2 | DATADOG INC CLASS A (DDOG) - 1.30% | MARKETECH INTERNATIONAL CORP (n/a) - 3.76% |
| #3 | MICRON TECHNOLOGY INC (MU) - 1.07% | TOPCO SCIENTIFIC CO LTD (n/a) - 3.10% |
| #4 | CISCO SYSTEMS INC (CSCO) - 1.05% | n/a (n/a) - 3.00% |
| #5 | ADVANCED MICRO DEVICES INC (AMD) - 0.99% | UNITED INTEGRATED SERVICES CO LTD (n/a) - 2.99% |
| #6 | ELI LILLY AND CO (LLY) - 0.94% | SIGURD MICROELECTRONICS CORP (n/a) - 2.98% |
| #7 | EBAY INC (EBAY) - 0.91% | NANYA TECHNOLOGY CORP (n/a) - 2.38% |
| #8 | WESTERN DIGITAL CORP (WDC) - 0.91% | n/a (n/a) - 2.07% |
| #9 | FIRST SOLAR INC (FSLR) - 0.90% | n/a (n/a) - 2.03% |
| #10 | MONSTER BEVERAGE CORP (MNST) - 0.90% | WINBOND ELECTRONICS CORP (n/a) - 1.94% |
| #11 | QUANTA SERVICES INC (PWR) - 0.90% | UNIMICRON TECHNOLOGY CORP (n/a) - 1.87% |
| #12 | APPLE INC (AAPL) - 0.89% | TRIPOD TECHNOLOGY CORP (n/a) - 1.86% |
| #13 | ALPHABET INC CLASS A (GOOGL) - 0.89% | ASELSAN ELEKTRONIK SANAYI VE TICARET AS (n/a) - 1.76% |
| #14 | MARVELL TECHNOLOGY INC (MRVL) - 0.89% | SUPREME ELECTRONICS CO LTD (n/a) - 1.71% |
| #15 | NETAPP INC (NTAP) - 0.89% | ELITE MATERIAL CO LTD (n/a) - 1.68% |
| #16 | HEICO CORP (HEI) - 0.88% | GENTERA SAB DE CV (n/a) - 1.62% |
| #17 | ILLUMINA INC (ILMN) - 0.88% | WINWAY TECHNOLOGY CO LTD ORDINARY SHARES (n/a) - 1.56% |
| #18 | GENERAL DYNAMICS CORP (GD) - 0.87% | YAGEO CORP (n/a) - 1.56% |
| #19 | EOG RESOURCES INC (EOG) - 0.87% | KINSUS INTERCONNECT TECHNOLOGY CORP (n/a) - 1.50% |
| #20 | W.W. GRAINGER INC (GWW) - 0.86% | BIZLINK HOLDING INC (n/a) - 1.48% |
| #21 | ZOOM COMMUNICATIONS INC (ZM) - 0.86% | MACRONIX INTERNATIONAL CO LTD (n/a) - 1.46% |
| #22 | CME GROUP INC CLASS A (CME) - 0.86% | ASE TECHNOLOGY HOLDING CO LTD (n/a) - 1.40% |
| #23 | DIAMONDBACK ENERGY INC (FANG) - 0.85% | CHROMA ATE INC (n/a) - 1.36% |
| #24 | n/a (EXPD) - 0.85% | NAN YA PRINTED CIRCUIT BOARD CORP (n/a) - 1.28% |
| #25 | HOWMET AEROSPACE INC (HWM) - 0.84% | SHANGHAI CONANT OPTICAL CO LTD CLASS H (n/a) - 1.27% |
| Total Holdings | 125 | 112 |
JOET vs PIE - Historical Returns
Returns include dividend reinvestment.
1M
JOET
+4.14%
Winner
PIE
+4.66%
3M
JOET
+11.48%
Winner
PIE
+25.82%
6M
JOET
+6.58%
Winner
PIE
+34.87%
1Y
JOET
+14.42%
Winner
PIE
+61.25%
5Y(CAGR)
Winner
JOET
+10.68%
PIE
+7.00%
10Y(CAGR)
JOET
N/A
PIE
+10.31%
Max(CAGR)
Winner
JOET
+12.32%
PIE
+2.92%
JOET vs PIE - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | JOET | PIE |
|---|---|---|
| 2026 | +6.75% | +35.96% |
| 2025 | +11.77% | +25.76% |
| 2024 | +25.51% | +1.38% |
| 2023 | +17.11% | +12.56% |
| 2022 | -17.36% | -28.77% |
| 2021 | +28.56% | +12.85% |
| 2020 | +6.00% | +18.03% |
| 2019 | N/A | +25.13% |
| 2018 | N/A | -22.83% |
| 2017 | N/A | +41.02% |
| 2016 | N/A | +2.26% |
| 2015 | N/A | -13.21% |
| 2014 | N/A | -0.27% |
| 2013 | N/A | -2.46% |
| 2012 | N/A | +14.98% |
| 2011 | N/A | -13.39% |
| 2010 | N/A | +21.08% |
| 2009 | N/A | +53.15% |
| 2008 | N/A | -62.20% |
| 2007 | N/A | +0.56% |
JOET vs PIE Drawdown Comparison
The maximum drawdown for JOET was -26.58%, occurring on Jun 17, 2022. Recovery took 533 trading sessions.
The maximum drawdown for PIE was -72.98%, occurring on Mar 2, 2009. Recovery took 3259 trading sessions.
The current JOET drawdown is -0.66%. The current PIE drawdown is -1.96%.
| Rank | JOET | PIE |
|---|---|---|
| #1 | -26.58% Dec 27, 2021 - Feb 9, 2024 | -72.98% Jan 10, 2008 - Dec 18, 2020 |
| #2 | -19.56% Dec 6, 2024 - Jun 30, 2025 | -40.31% Jul 15, 2021 - Jan 6, 2026 |
| #3 | -10.42% Jan 6, 2026 - May 6, 2026 | -12.87% Feb 17, 2021 - Jun 1, 2021 |
| #4 | -9.06% Jul 16, 2024 - Aug 23, 2024 | -9.87% Feb 27, 2026 - Apr 10, 2026 |
| #5 | -8.96% Feb 12, 2021 - Apr 5, 2021 | -7.85% May 26, 2026 - Jun 5, 2026 |
| #6 | -7.36% Sep 3, 2021 - Oct 21, 2021 | -6.90% May 11, 2026 - May 26, 2026 |
| #7 | -6.68% Mar 28, 2024 - Jul 3, 2024 | -5.39% Jan 25, 2021 - Feb 2, 2021 |
| #8 | -6.35% Oct 27, 2025 - Jan 6, 2026 | -4.89% Jan 28, 2026 - Feb 11, 2026 |
| #9 | -5.63% Nov 16, 2021 - Dec 27, 2021 | -2.18% Apr 22, 2026 - Apr 24, 2026 |
| #10 | -4.99% Apr 26, 2021 - Jun 11, 2021 | -1.92% Jun 1, 2021 - Jun 21, 2021 |
| #11 | -4.59% Aug 30, 2024 - Sep 17, 2024 | -1.86% Jan 14, 2021 - Jan 19, 2021 |
| #12 | -4.50% Jan 20, 2021 - Feb 8, 2021 | -1.85% Jul 7, 2021 - Jul 15, 2021 |
| #13 | -3.50% Jun 4, 2026 - Jun 10, 2026 | -1.46% Dec 31, 2007 - Jan 7, 2008 |
| #14 | -3.47% Jul 25, 2025 - Aug 27, 2025 | -1.37% May 6, 2026 - May 11, 2026 |
| #15 | -3.43% Oct 14, 2024 - Nov 6, 2024 | -1.33% Jan 8, 2021 - Jan 14, 2021 |
Correlation
Correlation between JOET and PIE is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.61
-101
Dividend Comparison (2008 - 2026)
JOET vs PIE dividend yield comparison.
| Year | JOET | PIE |
|---|---|---|
| 2026 | 0.00% | 0.08% |
| 2025 | 0.65% | 2.28% |
| 2024 | 0.71% | 2.33% |
| 2023 | 1.32% | 2.59% |
| 2022 | 1.25% | 3.45% |
| 2021 | 0.42% | 1.28% |
| 2020 | 0.08% | 1.32% |
| 2019 | 0.00% | 2.29% |
| 2018 | 0.00% | 3.32% |
| 2017 | 0.00% | 1.63% |
| 2016 | 0.00% | 1.48% |
| 2015 | 0.00% | 0.80% |
| 2014 | 0.00% | 0.53% |
| 2013 | 0.00% | 1.23% |
| 2012 | 0.00% | 0.68% |
| 2011 | 0.00% | 0.80% |
| 2010 | 0.00% | 0.34% |
| 2009 | 0.00% | 0.71% |
| 2008 | 0.00% | 0.67% |
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