MVLL vs JOET

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

MVLL vs JOET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MVLL(ETF)	JOET(ETF)
Net Assets	$243M	$243M
Expense Ratio	N/A	0.29%
Max Drawdown	78.87%	26.58%
Sharpe Ratio	1.72	0.65
5Y Beta	4.90	0.97
P/E Ratio	N/A	23.67
Forward P/E	N/A	20.08
PEG Ratio	N/A	0.11
5Y Dividends CAGR	N/A	67.26%
5Y EPS CAGR	N/A	18.04%
Debt to Equity	N/A	54.93%
P/S Ratio	N/A	2.87
P/B Ratio	N/A	4.66

Net Assets

MVLL

$243M

Winner

JOET

$243M

Expense Ratio

MVLL

N/A

JOET

0.29%

Max Drawdown

MVLL

78.87%

Winner

JOET

26.58%

Sharpe Ratio

Winner

MVLL

1.72

JOET

0.65

5Y Beta

MVLL

4.90

Winner

JOET

0.97

P/E Ratio

MVLL

N/A

JOET

23.67

Forward P/E

MVLL

N/A

JOET

20.08

PEG Ratio

MVLL

N/A

JOET

0.11

5Y Dividends CAGR

MVLL

N/A

JOET

67.26%

5Y EPS CAGR

MVLL

N/A

JOET

18.04%

Debt to Equity

MVLL

N/A

JOET

54.93%

P/S Ratio

MVLL

N/A

JOET

2.87

P/B Ratio

MVLL

N/A

JOET

4.66

MVLL vs JOET - Historical Returns

Returns include dividend reinvestment.

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

Winner

MVLL

+27.76%

JOET

+1.70%

MVLL

-7.78%

Winner

JOET

+5.25%

Winner

MVLL

+390.50%

JOET

+7.91%

Winner

MVLL

+341.05%

JOET

+11.32%

5Y(CAGR)

MVLL

N/A

JOET

+9.06%

Max(CAGR)

Winner

MVLL

+139.24%

JOET

+12.26%

MVLL vs JOET - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

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

MVLL vs JOET Drawdown Comparison

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

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

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

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