JOET vs SMLV

Comparison between VIRTUS TERRANOVA U.S. QUALITY MOMENTUM ETF (JOET, ETF) and STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF (SMLV, ETF).

5-Year PerformanceJOET has outperformed SMLV, delivering a return of +10.5% compared to +8.1%

JOET vs SMLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JOET(ETF)	SMLV(ETF)
Net Assets	$236M	$237M
Expense Ratio	0.29%	0.12%
Max Drawdown	26.58%	42.87%
Sharpe Ratio	0.64	1.24
5Y Beta	0.98	0.75
P/E Ratio	24.06	25.55
Forward P/E	19.54	13.85
PEG Ratio	0.14	N/A
5Y Dividends CAGR	67.26%	12.83%
5Y EPS CAGR	21.23%	6.97%
Debt to Equity	57.78%	61.67%
P/S Ratio	2.73	1.47
P/B Ratio	4.53	1.63

Net Assets

JOET

$236M

Winner

SMLV

$237M

Expense Ratio

JOET

0.29%

Winner

SMLV

0.12%

Max Drawdown

Winner

JOET

26.58%

SMLV

42.87%

Sharpe Ratio

JOET

0.64

Winner

SMLV

1.24

5Y Beta

JOET

0.98

Winner

SMLV

0.75

P/E Ratio

Winner

JOET

24.06

SMLV

25.55

Forward P/E

JOET

19.54

Winner

SMLV

13.85

PEG Ratio

JOET

0.14

SMLV

N/A

5Y Dividends CAGR

Winner

JOET

67.26%

SMLV

12.83%

5Y EPS CAGR

Winner

JOET

21.23%

SMLV

6.97%

Debt to Equity

Winner

JOET

57.78%

SMLV

61.67%

P/S Ratio

JOET

2.73

Winner

SMLV

1.47

P/B Ratio

JOET

4.53

Winner

SMLV

1.63

JOET vs SMLV - Holdings Comparison

JOET and SMLV have 1 common holdings. Overlap is -0.03%

JOET's top 25 holdings weight is 23.70%. SMLV's top 25 holdings weight is 13.10%.

Rank	JOET	SMLV
#1	DEVON ENERGY CORP (DVN) - 1.65%	E-MINI RUSS 2000 JUN26 XCME 20260618 (n/a) - 0.72%
#2	DATADOG INC CLASS A (DDOG) - 1.30%	n/a (n/a) - 0.68%
#3	MICRON TECHNOLOGY INC (MU) - 1.07%	n/a (PECO) - 0.64%
#4	CISCO SYSTEMS INC (CSCO) - 1.05%	NORTHWESTERN ENERGY GROUP INC (NWE) - 0.61%
#5	ADVANCED MICRO DEVICES INC (AMD) - 0.99%	HORACE MANN EDUCATORS CORP (HMN) - 0.60%
#6	ELI LILLY AND CO (LLY) - 0.94%	CITY HOLDING CO (CHCO) - 0.57%
#7	EBAY INC (EBAY) - 0.91%	LANDSTAR SYSTEM INC (LSTR) - 0.56%
#8	WESTERN DIGITAL CORP (WDC) - 0.91%	ATLANTA BRAVES HOLDINGS INC CLASS C (BATRK) - 0.55%
#9	FIRST SOLAR INC (FSLR) - 0.90%	AMERICAN STATES WATER CO (AWR) - 0.54%
#10	MONSTER BEVERAGE CORP (MNST) - 0.90%	SELECTIVE INSURANCE GROUP INC (SIGI) - 0.51%
#11	QUANTA SERVICES INC (PWR) - 0.90%	MCGRATH RENTCORP (MGRC) - 0.51%
#12	APPLE INC (AAPL) - 0.89%	FOUR CORNERS PROPERTY TRUST INC (FCPT) - 0.51%
#13	ALPHABET INC CLASS A (GOOGL) - 0.89%	VISHAY PRECISION GROUP INC (VPG) - 0.50%
#14	MARVELL TECHNOLOGY INC (MRVL) - 0.89%	NEW JERSEY RESOURCES CORP (NJR) - 0.49%
#15	NETAPP INC (NTAP) - 0.89%	SPIRE INC (SR) - 0.47%
#16	HEICO CORP (HEI) - 0.88%	SAFETY INSURANCE GROUP INC (SAFT) - 0.47%
#17	ILLUMINA INC (ILMN) - 0.88%	BRADY CORP CLASS A (BRC) - 0.47%
#18	GENERAL DYNAMICS CORP (GD) - 0.87%	COMMUNITY TRUST BANCORP INC (CTBI) - 0.47%
#19	EOG RESOURCES INC (EOG) - 0.87%	NELNET INC CLASS A (NNI) - 0.47%
#20	W.W. GRAINGER INC (GWW) - 0.86%	CHEMED CORP (CHE) - 0.47%
#21	ZOOM COMMUNICATIONS INC (ZM) - 0.86%	POSTAL REALTY TRUST INC (PSTL) - 0.46%
#22	CME GROUP INC CLASS A (CME) - 0.86%	AVISTA CORP (AVA) - 0.46%
#23	DIAMONDBACK ENERGY INC (FANG) - 0.85%	MSC INDUSTRIAL DIRECT CO INC CLASS A (MSM) - 0.46%
#24	n/a (EXPD) - 0.85%	APPLE HOSPITALITY REIT INC (APLE) - 0.46%
#25	HOWMET AEROSPACE INC (HWM) - 0.84%	TFS FINANCIAL CORP (TFSL) - 0.45%
Total Holdings	125	405

JOET vs SMLV - Historical Returns

Returns include dividend reinvestment.

Period	JOET	SMLV
1 month	+2.86%	+1.85%
3 months	+5.73%	+7.14%
6 months	+5.01%	+15.01%
1 year	+12.48%	+24.52%
5 years(CAGR)	+10.46%	+8.07%
10 years(CAGR)	N/A	+10.15%
Max(CAGR)	+12.00%	+10.67%

Winner

JOET

+2.86%

SMLV

+1.85%

JOET

+5.73%

Winner

SMLV

+7.14%

JOET

+5.01%

Winner

SMLV

+15.01%

JOET

+12.48%

Winner

SMLV

+24.52%

5Y(CAGR)

Winner

JOET

+10.46%

SMLV

+8.07%

10Y(CAGR)

JOET

N/A

SMLV

+10.15%

Max(CAGR)

Winner

JOET

+12.00%

SMLV

+10.67%

JOET vs SMLV - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	JOET	SMLV
2026	+4.86%	+14.52%
2025	+11.77%	+6.66%
2024	+25.51%	+17.20%
2023	+17.11%	+7.45%
2022	-17.36%	-8.11%
2021	+28.56%	+29.84%
2020	+6.00%	-1.27%
2019	N/A	+23.87%
2018	N/A	-6.82%
2017	N/A	+4.97%
2016	N/A	+33.71%
2015	N/A	-0.90%
2014	N/A	+15.16%
2013	N/A	+23.62%

JOET vs SMLV Drawdown Comparison

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

The maximum drawdown for SMLV was -42.43%, occurring on Mar 23, 2020. Recovery took 245 trading sessions.

The current JOET drawdown is -2.42%.

Rank	JOET	SMLV
#1	-26.58% Dec 27, 2021 - Feb 9, 2024	-42.43% Jan 16, 2020 - Jan 6, 2021
#2	-19.56% Dec 6, 2024 - Jun 30, 2025	-20.42% Nov 25, 2024 - Jan 12, 2026
#3	-10.42% Jan 6, 2026 - May 6, 2026	-18.95% Jan 4, 2022 - Jul 11, 2024
#4	-9.06% Jul 16, 2024 - Aug 23, 2024	-18.82% Aug 31, 2018 - Sep 13, 2019
#5	-8.96% Feb 12, 2021 - Apr 5, 2021	-14.30% Dec 1, 2015 - Apr 27, 2016
#6	-7.36% Sep 3, 2021 - Oct 21, 2021	-9.84% Apr 2, 2015 - Nov 27, 2015
#7	-6.68% Mar 28, 2024 - Jul 3, 2024	-8.94% Jul 26, 2024 - Sep 19, 2024
#8	-6.35% Oct 27, 2025 - Jan 6, 2026	-8.39% Nov 29, 2017 - May 25, 2018
#9	-5.63% Nov 16, 2021 - Dec 27, 2021	-7.34% Feb 6, 2026 - Apr 9, 2026
#10	-4.99% Apr 26, 2021 - Jun 11, 2021	-7.13% Sep 3, 2014 - Oct 29, 2014
#11	-4.59% Aug 30, 2024 - Sep 17, 2024	-7.06% Nov 5, 2021 - Jan 4, 2022
#12	-4.50% Jan 20, 2021 - Feb 8, 2021	-6.76% Mar 12, 2021 - Jun 8, 2021
#13	-3.47% Jul 25, 2025 - Aug 27, 2025	-6.75% Jun 8, 2021 - Oct 20, 2021
#14	-3.43% Oct 14, 2024 - Nov 6, 2024	-6.43% Jun 8, 2016 - Jul 11, 2016
#15	-3.04% Oct 8, 2025 - Oct 27, 2025	-6.29% Jan 4, 2017 - Apr 26, 2017

Correlation

Correlation between JOET and SMLV is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2013 - 2026)

JOET vs SMLV dividend yield comparison.

Year	JOET	SMLV
2026	0.00%	0.48%
2025	0.65%	2.74%
2024	0.71%	2.68%
2023	1.32%	2.68%
2022	1.25%	2.40%
2021	0.42%	2.12%
2020	0.08%	2.47%
2019	0.00%	2.62%
2018	0.00%	3.15%
2017	0.00%	7.92%
2016	0.00%	3.04%
2015	0.00%	2.63%
2014	0.00%	2.76%
2013	0.00%	3.68%