JOET tracks the Terranova U.S. Quality Momentum Index, which aims to combine strong quality fundamentals with positive momentum technical trends. Constituent eligibility begins with the 500 largest US securities by market capitalization, which are then screened and ranked based on a momentum and quality score based on the following factors: (i) return-on-equity, (ii) debt-to-equity, and (iii) sales growth rate. A composite score is then calculated and assigned wherein the top 125 securities with positive momentum form the Underlying Index. Finally, the fund is equally-weighted at every quarterly rebalance and reconstitution. JOETs underlying index is the brainchild of Joe Terranova, Senior Managing Director and Chief Market Strategist for Virtus Investment Partners. His market expertise and investing principles are utilized in the index methodology.
公司网站 :
https://www.virtus.com/products/Virtus-Terranova-US-Quality-Momentum-ETF#product-overview
总经理:-
建立时间:2020
公司总部:Virtus ETF Trust II Virtus Terranova U.S. Quality Momentum ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds