JOET vs VOO
Virtus Terranova US Quality Momentum ETF vs Vanguard S&P 500 ETF
Which is better, JOET or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. JOET is less concentrated, with 9.2% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JOET | VOO |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $245M | $997.4B |
| Dividend Yield | 0.60% | 1.08% |
| Holdings | 125 | 509 |
| YTD Return | +8.31% | +13.37%Best |
| 1Y Return | +9.67% | +20.08%Best |
| 3Y Return (annualized) | +17.23% | +21.29%Best |
| 5Y Return (annualized) | +8.85% | +12.89%Best |
| Volatility (annualized) | 16.3% | 14.9%Best |
| Max Drawdown | -26.6% | -24.5%Best |
| $10,000 over 5 years | $15,281 | $18,335Best |
| Top 10 Weight | 9.2%Best | 36.4% |
| Fund Family | Virtus Investment Partners | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Nov 17, 2020 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Nov 18, 2020 to Sep 4, 2026 (5.8 years).
JOET vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.8 years both funds cover.
JOET vs VOO Performance
Virtus Terranova US Quality Momentum ETF (JOET) is an ETF from Virtus Investment Partners and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year JOET returned +9.67% while VOO returned +20.08%. Year to date, JOET is up 8.31% versus a gain of 13.37% for VOO.
Over three years, JOET compounded at +17.23% per year against +21.29% for VOO; over five years the annualized figures are +8.85% and +12.89% respectively. Across the full 6-year window we track, VOO has the edge at +15.79% annualized vs +12.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JOET has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.9% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.6% for JOET and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JOET charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, JOET currently yields 0.60% against 1.08% for VOO.
Holdings Overlap
90.5% of JOET's money is in holdings VOO also owns. 47.3% of VOO's money is in holdings JOET also owns.
Most of JOET is already inside VOO. Owning both mostly buys the same companies twice.
113 positions in common, counted across the 124 positions we hold weights for in JOET and 505 in VOO, against full books of 125 and 509.
What only one of them owns
Measured across the 124 and 505 positions we hold weights for.
VOO holds 384 positions JOET does not, 52.1% of the fund.
Largest: MSFT 4.30%, GOOG 2.59%, META 1.92%, TSLA 1.84%, BRK.B 1.42%
Top Shared Holdings
| Stock | Weight in JOET | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.87% | 7.51% | 6.64% |
| AAPLApple, Inc | 0.71% | 6.59% | 5.88% |
| AMZNAmazon.Com Inc | 0.92% | 3.62% | 2.70% |
| GOOGLAlphabet Inc.Class A | 0.84% | 3.25% | 2.41% |
| AVGOBroadcom Inc | 0.85% | 2.77% | 1.92% |
| MUMicron Technology, Inc. | 0.85% | 2.02% | 1.17% |
| AMDAdvanced Micro Devices Inc | 0.83% | 1.47% | 0.64% |
| LLYEli Lilly & Co. | 0.75% | 1.47% | 0.72% |
| AMATApplied Materials, Inc. | 0.87% | 0.89% | 0.02% |
| LRCXLam Research Corp | 0.89% | 0.84% | 0.05% |
90.5% of JOET is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JOET or VOO?
JOET has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, JOET or VOO?
Over the past year JOET returned +9.67% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), JOET annualized +12.08% vs +15.79% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JOET or VOO?
JOET has been the more volatile fund at 16.3% annualized versus 14.9% for VOO. Worst drawdown: JOET -26.6% vs VOO -24.5%.
Should I hold both JOET and VOO?
JOET and VOO have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JOET and VOO?
90.5% of JOET's money is in holdings VOO also owns. 47.3% of VOO's is in holdings JOET also owns. They hold 113 positions in common, counted across the 124 positions we hold weights for in JOET and 505 in VOO.
Which pays a higher dividend, JOET or VOO?
JOET yields 0.60% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than JOET?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. JOET is less concentrated, with 9.2% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.