Vanguard U.S. Momentum Factor ETF
$227.89−3.04 (−1.32%)
- Expense ratio
- 0.13%
- Fund size
- $1.9B
- 1Y return
- +20.5%
- Yield · Last 12 months
- 0.61%
- Holdings
- 638
- Volume · 30D
- 0.1M sh
- NAV per share
- $230.77
- 52W range
The ETF.net VFMO Grade
Score 78 of 100 sits in the A 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.AScore 95Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 40Category rankRisk
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 60Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 89Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 93Category rank
Our read on VFMO
AVanguard doing active. A quant team buys the strongest recent performers across the entire US market, roughly 600 names deep, at 0.13% a year for a job that usually costs several times more.
The Fund seeks long-term capital appreciation by investing in U.S. stocks with strong recent performance selected through the advisor’s quantitative process.
Why people hold it
- Costs 0.13% a year, sitting with the cheapest systematic momentum funds (JMOM 0.12%, SPMO 0.13%, MTUM 0.15%) and well under the group's typical fee.
- Hunts winners across the full Russell 3000, small and mid caps included, and spreads the bet over about 600 stocks rather than a short list of mega caps.vanguard.com
- Actively run through Vanguard's quantitative process: the Russell 3000 is the yardstick, not a rulebook the fund has to copy on index-review day.fund-docs.vanguard.com
- A multi-billion-dollar fund paying quarterly, and one of the stronger implementations in the US momentum group on cost and portfolio construction.
Worth knowing
- Momentum by design owns what has already run. When market leadership flips, this style tends to take the turn harder than a plain total-market fund.
- No index to hide behind. Results ride on Vanguard's model, and the portfolio can look very different from the Russell 3000 in either direction.
- Trading activity is moderate rather than category-leading, which shows up in spreads on large orders more than small ones.
VFMO Holdings
- Stocks
- 638
- 11%
- KLAC
Sectors
- Technology27.8%
- Industrials19.2%
- Health Care18.9%
- Energy12.2%
- Consumer Discr.5.6%
- Financials5.6%
- Materials5.0%
- Communication3.6%
- Cons. Staples2.1%
- Utilities0.1%
- Real Estate0.0%
Geography
- United States95.04%
- Bermuda1.39%
- Ireland1.00%
- United Kingdom0.75%
- Luxembourg0.44%
- Switzerland0.36%
- Canada0.24%
- Monaco0.19%
- 0.58%
VFMO 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 | VFMO |
|---|---|
| Year to date | +21.1% |
| 1 month | −0.7% |
| 3 months | −6.0% |
| 1 year | +20.5% |
| 3 years | +28.0% |
| 5 years | +13.3% |
| 10 years | — |
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 | VFMO |
|---|---|---|
| 2026 YTD | +21.1% | |
| 2025 | +17.4% | |
| 2024 | +26.1% | |
| 2023 | +16.3% | |
| 2022 | −12.8% | |
| 2021 | +19.2% | |
| 2020 | +31.4% |
VFMO in the news
ETF.net Research hasn’t filed on VFMO yet — coverage lands here as it’s written.
VFMO Dividends
- 0.61%
- $1.40
- $0.47 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 23, 2026 | Pays Sep 25, 2026 | $0.31 |
| Jun 24, 2026 | Jun 26, 2026 | $0.47 |
| Mar 24, 2026 | Mar 26, 2026 | $0.23 |
| Dec 23, 2025 | Dec 26, 2025 | $0.35 |
| Sep 24, 2025 | Sep 26, 2025 | $0.35 |
| Jun 20, 2025 | Jun 24, 2025 | $0.56 |
| Mar 25, 2025 | Mar 27, 2025 | $0.31 |
| Dec 23, 2024 | Dec 26, 2024 | $0.44 |
| Sep 26, 2024 | Sep 30, 2024 | $0.27 |
| Jun 27, 2024 | Jul 1, 2024 | $0.32 |
| Mar 21, 2024 | Mar 26, 2024 | $0.16 |
| Dec 19, 2023 | Dec 22, 2023 | $0.37 |
VFMO Risk
- 20.3%
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.
- 0.96
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.
- −25.8%
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.
- 1.32
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VFMO Cost
- The middle half of US Active Momentum funds
- Median 0.63%
1 of the 21 US Active Momentum funds charge less.