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Joe Terranova plans to stick by the winning quantitative approach that's allowed his Virtus Terranova U.S. Quality Momentum ETF (JOET) to identify stocks like Palantir early before the rest of the market has piled in over the last five years.
The ETF — created by Terranova, chief market strategist for Virtus Investment Partners — has risen 10.9% this year, beating the 6.8% gain in the Invesco S&P 500 Equal Weight ETF (RSP) in that time. Stock Chart Icon Stock chart icon
JOET, RSP YTD chart
To select the ETF's holdings, Terranova follows a strict set of rules-based principles. First, he and his team screen the 500 largest U.S. companies for stocks with the highest positive momentum, calculated

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