JOET vs VOO
Virtus Terranova US Quality Momentum ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | JOET | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $241M | $979.0B | |
| Dividend Yield | 0.61% | 1.09% | |
| Holdings | 125 | 509 | |
| YTD Return | +10.99% | +13.44% | |
| 1Y Return | +14.73% | +22.62% | |
| 3Y Return (annualized) | +18.48% | +21.47% | |
| 5Y Return (annualized) | +9.66% | +13.27% | |
| Volatility (annualized) | 16.4% | 14.1% | |
| Max Drawdown | -26.6% | -34.3% | |
| Fund Family | Virtus Investment Partners | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 17, 2020 | Sep 7, 2010 |
JOET vs VOO Performance
Virtus Terranova US Quality Momentum ETF (JOET) is a ETF from Virtus Investment Partners and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year JOET returned +14.73% while VOO returned +22.62%. Year to date, JOET is up 10.99% versus a gain of 13.44% for VOO.
Over three years, JOET compounded at +18.48% per year against +21.47% for VOO; over five years the annualized figures are +9.66% and +13.27% respectively. Across the full 6-year window we track, VOO has the edge at +13.55% annualized vs +12.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JOET has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.1% 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 0.61% against 1.09% for VOO.
Holdings Overlap
JOET and VOO share 114 holdings out of 515 unique holdings combined, representing a 26.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $26 per year of difference.
Which performed better, JOET or VOO?
Over the past year JOET returned +14.73% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), JOET annualized +12.71% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, JOET or VOO?
JOET has been the more volatile fund at 16.4% annualized versus 14.1% for VOO. Worst drawdown: JOET -26.6% vs VOO -34.3%.
Should I hold both JOET and VOO?
JOET and VOO have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between JOET and VOO?
JOET and VOO share 114 common holdings with a 26.0% weight overlap. Combined, they hold 515 unique securities.
Which pays a higher dividend, JOET or VOO?
JOET yields 0.61% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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