Vanguard U.S. Momentum Factor ETF
$226.75−0.96 (−0.42%)
- 0.13%
- $1.9B
- +20.7%
- 0.60%
- 0.1M sh
- $227.74
- low $174.61high $250.20
The ETF.net VFMO Grade
A
Score 78 out of 100
- 3 of 22
Score 78 of 100 falls in the A 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.A95 out of 100Rank 2 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.C40 out of 100Rank 5 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 11 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B62 out of 100Rank 6 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A89 out of 100Rank 1 of 21Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A93 out of 100Rank 1 of 22
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
- 673
- 11%
- KLAC
Sectors
- Technology27.8%
- Industrials19.2%
- Health Care18.9%
- Energy12.2%
- Consumer Discretionary5.6%
- Financials5.6%
- Materials5.0%
- Communication3.6%
- Consumer Staples2.1%
- Utilities0.1%
- Real Estate0.0%
Geography
- United States100.00%
VFMO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
VFMO$12,074
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 | VFMO |
|---|---|
| Year to date | +19.6% |
| 1 month | −0.3% |
| 3 months | −3.5% |
| 1 year | +20.7% |
| 3 years | +27.4% |
| 5 years | +13.0% |
| 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 | +19.6% | |
| 2025 | +17.4% | |
| 2024 | +26.1% | |
| 2023 | +16.3% | |
| 2022 | −12.8% | |
| 2021 | +19.2% | |
| 2020 | +31.4% |
VFMO in the news
VFMO Dividends
- 0.60%
- $1.36
- $0.31 per share
- Quarterly
Distribution history
VFMO Risk
- 19.7%
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.
- 1.09
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
0.13%
VFMO0.13%
- The middle half of US Active Momentum funds
- Median 0.63%
1 of the 21 US Active Momentum funds charge less.
Other funds in US Active Momentum
- AJMOMJPMorgan U.S. Momentum Factor ETFExpense ratio 0.12%1 year return +28.1%
- ASEIMSEI QiM U.S. Large Cap Momentum Active ETFExpense ratio 0.15%1 year return +24.7%
- AQMOMAlpha Architect U.S. Quantitative Momentum ETFExpense ratio 0.28%1 year return +18.0%
- AFMTMMarketDesk Focused U.S. Momentum ETFExpense ratio 0.45%1 year return +40.6%
- BDWASInvesco Dorsey Wright SmallCap Momentum ETFExpense ratio 0.60%1 year return +15.7%