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FVC vs VFMO

First Trust Dorsey Wright Dynamic Focus 5 ETF

FVCDNasdaq

Vanguard U.S. Momentum Factor ETF

VFMOACboe

Overlap

Expense ratio

VFMO −0.74pt a year

FVC0.87%VFMO0.13%

Avg volume · 30D

VFMO 19.0×the volume

FVC3.1KVFMO58.8K

5Y return · a year

VFMO +6.6pt

FVC+4.2%VFMO+10.8%

FVC vs VFMO Performance

Oct 29, 2021 – Oct 30, 2026

+23.1%FVC+66.8%VFMO

Oct 29, 2021 to Oct 30, 2026. FVC +23.1%. VFMO +66.8%. Use the arrow keys to read each point.−25%0%50%Oct 2021Apr 2024Oct 2026
Expense ratio
FVC 0.87%
VFMO 0.13%, better
Fund size
FVC $113M
VFMO $1.9B
1Y total return
FVC +20.9%, better
VFMO +11.2%
Yield (12M)
FVC 0.75%, better
VFMO 0.62%
Holdings
FVC 6
VFMO 700
Avg volume (30D)
FVC 3.1K sh
VFMO 58.8K sh, better
NAV per share
FVC $43.30
VFMO $217.36
52W range

ETF.net Grade

FVC: Cost 19, Risk 71, Mission not scored, Tradability 40, Holdings 28, Durability 78. VFMO: Cost 95, Risk 51, Mission 39, Tradability 62, Holdings 89, Durability 93.
Pillar letters and Scores for FVC, VFMO, with each pillar’s weight
PillarFVCVFMO
Cost30% weightF19A95Higher
Mission25% weightNot scoredD39
Risk15% weightA71HigherC51
Tradability15% weightC40B62Higher
Holdings10% weightD28A89Higher
Durability5% weightA78A93Higher

Rank among US Active Momentum funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FVC and VFMO are both graded against the same 20 US Active Momentum funds, so their Grades compare head to head.

US Active Momentum⁠

Category · 20 funds
See all 20 ›

VFMO ranks 3rd and FVC 15th of 20 funds in the US Active Momentum Category.

  1. Rank 1AJMOMJPMorgan U.S. Momentum Factor ETFScore 86
  2. Rank 2ASEIMSEI QiM U.S. Large Cap Momentum Active ETFScore 81
  3. Rank 3AVFMOVanguard U.S. Momentum Factor ETFScore 78
  4. Rank 4AQMOMAlpha Architect U.S. Quantitative Momentum ETFScore 73
  5. Rank 13CGLRYInspire Growth ETFScore 45
  6. Rank 15DFVCFirst Trust Dorsey Wright Dynamic Focus 5 ETFScore 38
  7. Rank 15DMEMERoundhill Meme Stock ETFScore 38

Our read on each fund

ETF.net Research

FVCDFirst Trust Dorsey Wright Dynamic Focus 5 ETF

VFMOAVanguard U.S. Momentum Factor ETF

In short

FVC Momentum applied to sectors, not stocks. FVC ranks First Trust sector and industry funds by Dorsey Wright relative strength, holds the five strongest, and can rotate into a short-duration bond fund when the signal turns defensive.

VFMO Vanguard 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.

Stated mandate

FVC The fund seeks to track the price and yield of the Dorsey Wright Dynamic Focus Five Index before fees. That index dynamically selects five First Trust sector or industry ETFs using relative strength and can shift exposure to FTSM for risk management.

VFMO 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

  • FVC Built-in defensive gear: the index can shift exposure into a short-duration bond ETF for risk management, a rules-based off-ramp most momentum funds don't have.
  • The bet is which corner of the market is leading, not which stock. Five First Trust sector or industry ETFs, picked by Dorsey Wright's relative strength method.
  • Running since 2016 in a plain 1940 Act ETF wrapper, tracking a published index and paying distributions quarterly.
  • VFMO 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.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

  • FVC At 0.87% a year, this sits above the typical momentum fund, and large peers like MTUM, SPMO and VFMO run at a fraction of it.
  • Five sleeves means concentration. One sector call can drive the whole ride, and the rotation only moves when the relative strength signal says so.
  • Thinly traded next to the category's giants, so spreads can widen. Limit orders and avoiding the opening and closing minutes matter more here.
  • VFMO 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.

Full FVC profile⁠

Full VFMO profile⁠

FVC vs VFMO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FVC vs VFMO Cost

Overpaying FVC vs VFMO

$13,810

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FVC 0.87%

    $16,536

  • VFMO 0.13%

    $2,726

$10,000
30 years

Cost over time

  • FVC 0.87%
  • VFMO 0.13%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FVC $16,536VFMO $2,726

Year by year

YearFVCVFMOOverpaying
10$1,542$238$1,304
20$5,830$930$4,900
30$16,536$2,726$13,810

Expense ratio

  • 0.87%FVC
  • 0.13%VFMO, cheaper
  • Middle half of US Active Momentum funds
  • Median 0.64%

VFMO 2nd cheapest of 20 funds

FVC 16th cheapest of 20 funds

FVC vs VFMO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FVC 0.75%, better
VFMO 0.62%
Payout (12M)
FVC $0.32
VFMO $1.36
Last payment
FVC $0.0006
VFMO $0.31
Ex-dividend
FVC Jun 25, 2026
VFMO Sep 23, 2026
Paid on
FVC Jun 30, 2026
VFMO Sep 25, 2026
Frequency
FVC Twice a year
VFMO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FVCTwice a year · 32 paymentsAll FVC payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Jun 22, 2017 $0.02; Sep 21, 2017 $0.05; Dec 21, 2017 $0.10; Mar 22, 2018 $0.007; Jun 21, 2018 $0.02; Sep 14, 2018 $0.02; Dec 18, 2018 $0.0038; Mar 21, 2019 $0.04; Jun 14, 2019 $0.06; Sep 25, 2019 $0.09; Dec 13, 2019 $0.10; Mar 26, 2020 $0.003; Jun 25, 2020 $0.06; Sep 23, 2021 $0.01; Dec 23, 2021 $0.02; Mar 25, 2022 $0.07; Jun 24, 2022 $0.07; Sep 23, 2022 $0.12; Dec 23, 2022 $0.27; Mar 24, 2023 $0.15; Jun 27, 2023 $0.16; Sep 22, 2023 $0.07; Dec 22, 2023 $0.24; Mar 21, 2024 $0.14; Jun 27, 2024 $0.07; Sep 26, 2024 $0.05; Dec 13, 2024 $0.03; Mar 27, 2025 $0.12; Jun 26, 2025 $0.27; Sep 25, 2025 $0.23; Dec 12, 2025 $0.32; Jun 25, 2026 $0.0006. Use the arrow keys to read each point.$0$0.502017202020232026YTD
VFMOQuarterly · 34 paymentsAll VFMO payments⁠
One bar per payment. 34 payments from 2017 to 2026 YTD. Jun 28, 2018 $0.17; Sep 26, 2018 $0.12; Dec 19, 2018 $0.18; Mar 21, 2019 $0.20; Jun 21, 2019 $0.29; Sep 16, 2019 $0.20; Dec 20, 2019 $0.36; Mar 23, 2020 $0.13; Jun 29, 2020 $0.13; Sep 21, 2020 $0.06; Dec 24, 2020 $0.19; Mar 22, 2021 $0.11; Jun 29, 2021 $0.21; Sep 24, 2021 $0.26; Dec 27, 2021 $0.50; Mar 21, 2022 $0.36; Jun 29, 2022 $0.56; Sep 23, 2022 $0.49; Dec 22, 2022 $0.56; Mar 23, 2023 $0.36; Jun 23, 2023 $0.28; Sep 21, 2023 $0.15; Dec 19, 2023 $0.37; Mar 21, 2024 $0.16; Jun 27, 2024 $0.32; Sep 26, 2024 $0.27; Dec 23, 2024 $0.44; Mar 25, 2025 $0.31; Jun 20, 2025 $0.56; Sep 24, 2025 $0.35; Dec 23, 2025 $0.35; Mar 24, 2026 $0.23; Jun 24, 2026 $0.47; Sep 23, 2026 $0.31. Use the arrow keys to read each point.$0$0.502017202020232026YTD

FVC vs VFMO Risk

Fall from peak · 5 years

  • FVC
  • VFMO
Oct 29, 2021 to Oct 30, 2026. Worst fall: VFMO −25.8% · Sep 2022. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FVC 13.9%, betterVFMO 19.6%
Return per unit of riskSharpe ratio, 3 years
FVC 0.74VFMO 1.12, better
Worst fallMax drawdown, 5 years
FVC −22.6%, betterVFMO −25.8%
Market sensitivityBeta, 5 years
FVC 1.23VFMO 1.32

Popular comparisons

  • FVCDvsJMOMA

    First Trust Dorsey Wright Dynamic Focus 5 ETF · JPMorgan U.S. Momentum Factor ETF

    Expense ratio
    0.87% · 0.12%
    Category
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  • VFMOAvsJMOMA

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  • VFMOAvsQMOMA

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    Expense ratio
    0.13% · 0.28%
    Category
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