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JOETvsCLSEETF Comparison

ETF 1

JOET

Virtus Terranova U.S. Quality Momentum ETF

This fund is part of

US Multi-Factor

-0.62%

Full JOET fund page

VS

ETF 2

CLSE

Convergence Long/Short Equity ETF

This fund is part of

Alternatives

-0.45%

Full CLSE fund page

Virtus Terranova U.S. Quality Momentum ETF (JOET) belongs to the US Multi-Factor segment. Convergence Long/Short Equity ETF (CLSE) is part of the Alternatives segment. JOET's top 3 sector exposures are Technology, Industrials and Finance. In contrast, CLSE's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. JOET is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 1.52% for CLSE. JOET is up 6.98% year-to-date (YTD) with -$13M in YTD flows. CLSE performs better with 23.09% YTD performance, and +$396M in YTD flows. Run a side-by-side ETF comparison of JOET and CLSE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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JOET vs CLSE performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 07/17/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	JOET CLSE	-0.14%-1.22%	+4.44%+9.94%	+6.98%+23.09%	+10.34%+44.91%	+57.43%+114.73%	+62.79%n/a
Flows	JOET CLSE	-+$70M	-$11M+$263M	-$13M+$396M	+$12M+$446M	+$75M+$584M	+$105M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	JOET CLSE	+14.08%+13.56%	+13.91%+13.42%	+16.26%+13.55%	+17.97%n/a
Max drawdown	JOET CLSE	-3.59%-3.47%	-10.32%-4.60%	-19.60%-15.76%	-26.53%n/a
Max drawdown duration	JOET CLSE	8d25d	115d40d	201d188d	773dn/a

Trading data

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	JOET	CLSE
Last sale 7/17/2026 at 1:30 PM	$45.00	$33.71
Previous close 07/16/2026	$45.29	$33.79
Consolidated volume 07/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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CLSE

is actively managed and doesn’t replicate an index

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	JOET	CLSE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/17/2026 at 1:30 PM

Live

Closed

	JOET	CLSE
Last price	$45.00	$33.71
1D performance	-0.64%	-0.24%
AuM	$238.37 M	$753.14 M
E/R	0.29%	1.52%

Characteristics

	JOET	CLSE
Management strategy	Passive	Active
Provider	VIRTUS Investment Partners	Convergence Investment Partners LLC
Benchmark	Terranova U.S. Quality Momentum Index	-
N° of holdings	124	684
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	November 18, 2020	February 22, 2022
ESG	No	No

More JOET data on Trackinsight

More CLSE data on Trackinsight

Exposure

Countries

JOET

USA

95.43%

Other

4.57%

CLSE

Data will be available soon

Sectors

JOET

Technology

28.1%

Industrials

23.53%

Finance

14.38%

Healthcare

10.46%

Other

23.53%

CLSE

Data will be available soon

Diversification

JOET

Total weight of top 15 holdings out of 15

21.57%

CLSE

Data will be available soon

Top 15 holdings

Data as of May 31, 2026

JOET

Datadog, Inc.

1.96%

Micron Technology, Inc.

1.96%

Devon Energy Corp.

1.96%

HEICO Corp.

1.31%

Western Digital Corp.

1.31%

Applied Materials, Inc.

1.31%

Illumina, Inc.

1.31%

Cisco Systems, Inc.

1.31%

Oracle Corp.

1.31%

Marvell Technology, Inc.

1.31%

Corning, Inc.

1.31%

Cadence Design Systems, Inc.

1.31%

Alphabet, Inc.

1.31%

Apple, Inc.

1.31%

First Solar, Inc.

1.31%

CLSE

Data will be available soon

Frequently asked questions about JOET and CLSE

How have the JOET and CLSE ETFs performed in 2026?

As of July 17, 2026, JOET is up 6.98% year-to-date (YTD), while CLSE has returned 23.09%. That puts CLSE better performer ahead so far this year.

Which ETF is attracting more investor money: JOET or CLSE?

Year-to-date, the JOET ETF saw -$13M in flows, compared to +$396M for CLSE.

Which ETF is more volatile: JOET or CLSE?

Over the past year, JOET had a volatility of 13.91%, while CLSE experienced 13.42%.

Which ETF is bigger: JOET or CLSE?

As of July 17, 2026, JOET holds $238.37 M in assets under management (AUM), while CLSE manages $753.14 M.

What sectors do the JOET and CLSE ETFs invest in?

JOET leans toward sectors like Technology, Industrials and Finance. Meanwhile, CLSE focuses on Technology and Finance.

What are the top holdings of the JOET ETF and CLSE ETF?

JOET top holdings include Datadog, Inc., Micron Technology, Inc. and Devon Energy Corp.. CLSE holds in its top three: NVIDIA Corp., Lam Research Corp. and Micron Technology, Inc..

JOETvsCLSEETF Comparison

Virtus Terranova U.S. Quality Momentum ETF

Convergence Long/Short Equity ETF

JOET vs CLSE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the JOET and CLSE ETFs performed in 2026?

As of July 17, 2026, JOET is up 6.98% year-to-date (YTD), while CLSE has returned 23.09%. That puts CLSE better performer ahead so far this year.

Which ETF is attracting more investor money: JOET or CLSE?

Year-to-date, the JOET ETF saw -$13M in flows, compared to +$396M for CLSE.

Which ETF is more volatile: JOET or CLSE?

Over the past year, JOET had a volatility of 13.91%, while CLSE experienced 13.42%.

Which ETF is bigger: JOET or CLSE?

As of July 17, 2026, JOET holds $238.37 M in assets under management (AUM), while CLSE manages $753.14 M.

What sectors do the JOET and CLSE ETFs invest in?

JOET leans toward sectors like Technology, Industrials and Finance. Meanwhile, CLSE focuses on Technology and Finance.

What are the top holdings of the JOET ETF and CLSE ETF?

JOET top holdings include Datadog, Inc., Micron Technology, Inc. and Devon Energy Corp.. CLSE holds in its top three: NVIDIA Corp., Lam Research Corp. and Micron Technology, Inc..

Which ETF is more diversified: JOET or CLSE?

JOET holds 124 securities with 21.57% of its assets in the top 15. CLSE has 688 securities and a top 15 weight of 34.15%.

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