Cambria Value and Momentum ETF
$35.67+0.25 (+0.69%)
- 0.65%
- $86M
- +8.6%
- 0.67%
- 0M sh
- $35.27
- low $30.04high $37.54
The ETF.net VAMO Grade
C
Score 43 out of 100
- 6 of 8
Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 6 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 5 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 4 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 7 of 8
Our read on VAMO
CMost value funds just ride out the storm. VAMO owns roughly 100 cheap US stocks, then can short stock index futures to hedge up to 100% of that book when its model reads the market as overvalued or downtrending.
The Fund seeks income and capital appreciation through investments in the U.S. equity market. It normally invests at least 80% of net assets in U.S.-listed equities deemed undervalued using valuation measures such as CAPE.
Why people hold it
- The hedge is the product: up to 100% of the long portfolio can be offset with index futures when Cambria's valuation and trend models turn unfavorable.cambriafunds.com
- Stock picking is rules-based, not vibes. Undervalued US names screened on measures like the cyclically adjusted P/E, with no sector above 25% of the fund.sec.gov
- Live since 2015 from Meb Faber's Cambria, a rare ETF that bolts an outright short overlay onto a value screen. Income is part of the mandate; it pays quarterly.cambriafunds.com
- Risk metrics screen better than most active US equity funds in its peer group, which is what you would expect from a portfolio that can turn its market exposure off.
Worth knowing
- 0.65% a year sits right at the median for active US equity funds, but core factor rivals like DFAU (0.12%) and AVLC (0.15%) charge a fraction of that.
- Shorting carries its own bill: borrowing and short dividend costs fall outside the management fee, and a hedge that is on during a rally works against the longs.sec.govcambriafunds.com
- A small fund that trades thinly, so spreads matter more here than with a mega-cap index fund.
VAMO Holdings
- Stocks
- 103
- 31%
- First American Treasury Obligations Fund 01/01/2040
Sectors
- Energy23.1%
- Financials22.9%
- Consumer Discretionary15.0%
- Health Care12.6%
- Industrials8.4%
- Technology6.0%
- Materials4.9%
- Consumer Staples4.2%
- Communication2.1%
- Utilities0.8%
Geography
- United States99.88%
- Canada0.12%
VAMO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VAMO$10,865
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VAMO |
|---|---|
| Year to date | +4.3% |
| 1 month | −3.8% |
| 3 months | −1.3% |
| 1 year | +8.6% |
| 3 years | +12.2% |
| 5 years | +8.7% |
| 10 years | +5.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VAMO |
|---|---|---|
| 2026 YTD | +4.3% | |
| 2025 | +16.5% | |
| 2024 | +6.1% | |
| 2023 | +5.6% | |
| 2022 | +8.6% | |
| 2021 | +32.1% | |
| 2020 | −4.9% |
VAMO in the news
VAMO Dividends
- 0.67%
- $0.24
- $0.08 per share
- Quarterly
Distribution history
VAMO Risk
- 12.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.50
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.32
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VAMO Cost
0.65%
VAMO0.65%
- The middle half of US Active Contrarian Value funds
- Median 0.54%
5 of the 8 US Active Contrarian Value funds charge less.
Other funds in US Active Contrarian Value
- BCSTKInvesco Actively Managed Exchange Traded Fund Trust - Invesco Comstock Contrarian Equity ETFExpense ratio 0.36%1 year return +24.6%
- BBKDVBNY Mellon Dynamic Value ETFExpense ratio 0.60%1 year return +26.6%
- CVSLUApplied Finance Valuation Large Cap ETFExpense ratio 0.49%1 year return +19.1%
- DTCVTowle Small-Cap Value ETFExpense ratio 0.85%1 year return +33.8%
- FSASSM.D. Sass Concentrated Value ETFExpense ratio 0.75%1 year return —