Cambria Value and Momentum ETF
$35.38−0.10 (−0.27%)
- Expense ratio
- 0.65%
- Fund size
- $86M
- 1Y return
- +7.0%
- Yield · Last 12 months
- 0.67%
- Holdings
- 102
- Volume · 30D
- 0M sh
- NAV per share
- $35.53
- 52W range
The ETF.net VAMO Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 51Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 48Category rank
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
- 102
- 40%
- First American Treasury Obligations Fund 01/01/2040
Sectors
- Energy24.1%
- Financials23.2%
- Consumer Discr.15.6%
- Health Care12.5%
- Industrials7.7%
- Technology5.1%
- Materials4.9%
- Cons. Staples4.1%
- Communication2.0%
- 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.
Returns run to the Sep 22, 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 | +4.5% |
| 1 month | −4.0% |
| 3 months | −0.3% |
| 1 year | +7.0% |
| 3 years | +11.9% |
| 5 years | +9.9% |
| 10 years | +5.3% |
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 | +4.5% | |
| 2025 | +16.5% | |
| 2024 | +6.1% | |
| 2023 | +5.6% | |
| 2022 | +8.6% | |
| 2021 | +32.1% | |
| 2020 | −4.9% |
VAMO in the news
ETF.net Research hasn’t filed on VAMO yet — coverage lands here as it’s written.
VAMO Dividends
- 0.67%
- $0.24
- $0.08 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 21, 2026 | $0.08 |
| Jun 18, 2026 | Jun 22, 2026 | $0.05 |
| Mar 20, 2026 | Mar 23, 2026 | $0.07 |
| Dec 18, 2025 | Dec 19, 2025 | $0.05 |
| Sep 18, 2025 | Sep 19, 2025 | $0.06 |
| Jun 18, 2025 | Jun 20, 2025 | $0.05 |
| Mar 20, 2025 | Mar 21, 2025 | $0.32 |
| Dec 20, 2024 | Dec 30, 2024 | $0.05 |
| Sep 20, 2024 | Sep 30, 2024 | $0.05 |
| Jun 21, 2024 | Jul 1, 2024 | $0.09 |
| Mar 21, 2024 | Apr 1, 2024 | $0.06 |
| Dec 14, 2023 | Dec 26, 2023 | $0.07 |
VAMO Risk
- 12.4%
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.
- 0.64
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
- The middle half of US Active Contrarian Value funds
- Median 0.54%
5 of the 8 US Active Contrarian Value funds charge less.