JMOM vs VFMO: Grades, Fees and Holdings Compared

JPMorgan U.S. Momentum Factor ETF

JMOMANYSE Arca

Vanguard U.S. Momentum Factor ETF

VFMOACboe

Overlap

37.9%by weight

Expense ratio

JMOM −0.01pt a year

JMOM0.12%VFMO0.13%

Avg volume · 30D

JMOM 2.3×the volume

JMOM133KVFMO58.8K

5Y return · a year

JMOM +1.1pt

JMOM+11.9%VFMO+10.8%

JMOM vs VFMO Performance

Oct 29, 2021 – Oct 30, 2026

+75.6%JMOM+66.8%VFMO

Expense ratio: JMOM 0.12%, better; VFMO 0.13%
Fund size: JMOM $2.69B; VFMO $1.9B
1Y total return: JMOM +16.7%, better; VFMO +11.2%
Yield (12M): JMOM 0.78%, better; VFMO 0.62%
Holdings: JMOM 290; VFMO 700
Avg volume (30D): JMOM 133K sh, better; VFMO 58.8K sh
NAV per share: JMOM $79.53; VFMO $217.36
52W range

ETF.net Grade

Pillar letters and Scores for JMOM, VFMO, with each pillar’s weight
Pillar	JMOM	VFMO
Cost30% weight	A100Higher	A95
Mission25% weight	A93Higher	D39
Risk15% weight	A84Higher	C51
Tradability15% weight	B63Higher	B62
Holdings10% weight	A82	A89Higher
Durability5% weight	A93	A93

Rank among US Active Momentum funds

How we build Categories ›

Same Category. JMOM 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 ›

JMOM ranks 1st and VFMO 3rd of 20 funds in the US Active Momentum Category.

Rank 1AJMOMJPMorgan U.S. Momentum Factor ETFScore 86
Rank 2ASEIMSEI QiM U.S. Large Cap Momentum Active ETFScore 81
Rank 3AVFMOVanguard U.S. Momentum Factor ETFScore 78
Rank 4AQMOMAlpha Architect U.S. Quantitative Momentum ETFScore 73

Our read on each fund

ETF.net Research

JMOMAJPMorgan U.S. Momentum Factor ETF

VFMOAVanguard U.S. Momentum Factor ETF

In short

JMOM Momentum without the markup. JMOM screens US stocks for strong risk-adjusted momentum rather than raw price runs, and charges 0.12%, a fraction of what the typical fund in its category asks.

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

JMOM The fund seeks domestic equity exposure focused on companies with strong risk-adjusted momentum and potential return enhancement.

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

JMOM At 0.12%, the lowest fee among its momentum peers: it undercuts VFMO and SPMO (0.13%) and MTUM (0.15%), and sits far below the roughly 0.69% category median.
The screen targets risk-adjusted momentum, not just the biggest price runs, so how bumpy a stock's climb was factors into whether it makes the cut.jpmorgan.com
Holds roughly 300 US names, a wider net than momentum sleeves that concentrate in a few dozen winners, and it pays out quarterly.
Live since 2017 and now a multi-billion-dollar fund, it rates as one of the stronger implementations in the systematic US momentum group.

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

JMOM Momentum by construction leans into what has already been working, which means the portfolio can be caught on the wrong side when market leadership flips.
The benchmark is J.P. Morgan's own US Momentum Factor Index, so methodology and rebalance rules sit with the issuer rather than an outside index provider.jpmorgan.com
Only moderately traded next to the category's headline tickers, so spreads are worth a look before placing size.

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 JMOM profile⁠

Full VFMO profile⁠

JMOM vs VFMO Holdings

How JMOM and VFMO differ

Overlap by weight

37.9%

Shared holdings make up 58.4% of JMOM and 46.1% of VFMO.

Level by level

Holdings149 in both37.9%
Sector11 Sectors70.9%
Countryby domicile99.4%
Asset classEquity100%

Sector

Sector weights in JMOM and VFMO, widest gap first
Sector	More in JMOMMore in VFMO	JMOM	VFMO
Technology	JMOM +17.0 points	44.8%	27.8%
Health Care	VFMO +9.2 points	9.7%	18.9%
Energy	VFMO +8.7 points	3.5%	12.2%
Industrials	VFMO +7.5 points	11.7%	19.2%
Materials	VFMO +3.8 points	1.2%	5.0%
Financials	JMOM +3.7 points	9.3%	5.5%
Consumer Staples	JMOM +2.9 points	5.0%	2.1%
Real Estate	JMOM +2.3 points	2.3%	0.0%
Utilities	JMOM +1.9 points	2.0%	0.1%
Consumer Discretionary	JMOM +1.0 points	6.6%	5.6%
Communication	JMOM +0.3 points	3.9%	3.6%

Country, concentration and asset class

Country by domicile

Country weights in JMOM and VFMO, widest gap first
Country	More in JMOMMore in VFMO	JMOM	VFMO
United States	VFMO +0.6 points	99.4%	100.0%
Other countries (3)	JMOM +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

JMOM18.7%
VFMO9.7%

Securities held

JMOM288
VFMO698

Asset class

JMOM: Equity
VFMO: Equity

Holdings

Only in JMOM139
In both149
Only in VFMO549

Only in JMOM

139 securities, 41.6% of JMOM by weight

Microsoft Corp Common2.18%
Broadcom Inc Common1.90%
NVIDIA Corp Common Stock1.86%
Alphabet Inc-Cl A -1.73%
Walmart Inc Common Stock1.42%
Costco Wholesale Corp1.33%
Palantir Technologies Inc1.31%
Philip Morris1.05%
General Electric Co0.95%
Gilead Sciences Inc0.79%
International Business0.75%
Amphenol Corp Common0.72%
Welltower Inc0.66%
Qualcomm Inc Common Stock0.66%
American Express Co0.58%
Amazon.com Inc Common0.57%
Eaton Corp PLC Common0.57%
Altria Group Inc Common0.53%
Tjx Cos Inc/The Common0.52%
Charles Schwab Corp/The0.51%
Mckesson Corp Common0.47%
Cme Group Inc Common0.47%
3M Co Common Stock USD0.44%
Uber Technologies Inc0.43%
American Electric Power0.41%
Cadence Design Systems0.40%
Trane Technologies PLC0.40%
Royal Caribbean Cruises0.39%
Everpure Inc Common Stock0.37%
Simon Property Group Inc0.36%
Entergy Corp Common Stock0.35%
Netapp Inc Common Stock0.33%
Cboe Global Markets Inc0.33%
Nasdaq Inc Common Stock0.32%
Rubrik Inc Common Stock0.30%
Cencora Inc Common Stock0.30%
Carvana Co Common Stock0.30%
Entegris Inc0.29%
Ventas Inc Reit USD 0.250.29%
Labcorp Holdings Inc0.28%
Berkshire Hathaway Inc0.28%
Evergy Inc Common Stock0.27%
Mongodb Inc Common Stock0.27%
United Airlines Holdings0.27%
Qnity Electronics Inc0.27%
Caci International Inc0.27%
Zoom Communications Inc0.26%
Verisign Inc Common Stock0.26%
Hartford Insurance Group0.26%
Ulta Beauty Inc Common0.26%

Only in VFMO

549 securities, 53.8% of VFMO by weight

SLBBH11421.24%
EOG Resources Inc0.66%
Moderna Inc0.60%
CVS Health Corp0.56%
SLB Ltd0.46%
Amgen Inc0.43%
Union Pacific Corp0.41%
Iovance Biotherapeutics Inc0.31%
ImmunityBio Inc0.30%
Illumina Inc0.29%
Murphy USA Inc0.29%
Viasat Inc0.28%
TG Therapeutics Inc0.28%
10X Genomics Inc0.27%
UnitedHealth Group Inc0.26%
Apa Corp0.26%
JB Hunt Transport Services Inc0.26%
Protagonist Therapeutics Inc0.26%
Omeros Corp0.25%
DaVita Inc0.25%
Krystal Biotech Inc0.25%
Cohu Inc0.25%
Kodiak Sciences Inc0.24%
Kymera Therapeutics Inc0.24%
Garmin Ltd0.24%
Hut 8 Corp0.23%
Noble Corp PLC0.23%
Centene Corp0.23%
BrightSpring Health Services Inc0.22%
Kiniksa Pharmaceuticals International Plc0.22%
RenaissanceRe Holdings Ltd0.22%
Bristol-Myers Squibb Co0.21%
ONEOK Inc0.21%
Transocean Ltd0.21%
Twist Bioscience Corp0.21%
Permian Resources Corp0.21%
StoneX Group Inc0.21%
General Dynamics Corp0.21%
Fastly Inc0.21%
Victoria's Secret & Co0.20%
Bruker Corp0.20%
Ovintiv Inc0.20%
International Seaways Inc0.20%
Sterling Infrastructure Inc0.19%
JFrog Ltd0.19%
Halliburton Co0.19%
Nordic American Tankers Ltd0.19%
Nordson Corp0.19%
FirstCash Holdings Inc0.19%
SELLAS Life Sciences Group Inc0.19%

Weight gaps

The 100 widest of 149 Holdings in both funds.

Holding weights in JMOM and VFMO, widest gap first
Holding	More in JMOMMore in VFMO	JMOM	VFMO
Apple Inc Common StockAAPL	JMOM +1.80 points	2.25%	0.45%
Johnson & Johnson CommonJNJ	JMOM +1.22 points	1.95%	0.73%
Advanced Micro DevicesAMD	JMOM +1.14 points	2.21%	1.07%
AbbVie Inc Common StockABBV	JMOM +1.09 points	1.30%	0.21%
Micron Technology IncMU	JMOM +0.94 points	1.82%	0.88%
Goldman Sachs GroupGS	JMOM +0.82 points	0.86%	0.04%
Rtx CorpRTX	JMOM +0.74 points	0.85%	0.11%
Eli Lilly and CompanyLLY	JMOM +0.64 points	1.16%	0.52%
Fortinet Inc Common StockFTNT	VFMO +0.51 points	0.40%	0.91%
Texas Instruments IncTXN	JMOM +0.50 points	0.97%	0.47%
Csx Corp Common Stock USDCSX	VFMO +0.48 points	0.09%	0.57%
Valero Energy Corp CommonVLO	VFMO +0.47 points	0.47%	0.94%
Citigroup Inc CommonC	JMOM +0.47 points	0.73%	0.26%
Phillips 66 Common StockPSX	VFMO +0.44 points	0.47%	0.92%
Morgan Stanley DeanMS	JMOM +0.43 points	0.72%	0.29%
Dell Technologies IncDELL	VFMO +0.43 points	0.51%	0.94%
Marathon Petroleum CorpMPC	VFMO +0.40 points	0.59%	0.99%
Monster Beverage CorpMNST	VFMO +0.38 points	0.15%	0.53%
Merck & Co Inc CommonMRK	JMOM +0.35 points	1.06%	0.71%
Parker-Hannifin CorpPH	JMOM +0.35 points	0.45%	0.10%
Analog Devices IncADI	JMOM +0.33 points	0.78%	0.45%
Airbnb Inc Common StockABNB	VFMO +0.32 points	0.11%	0.43%
Target Corp Common StockTGT	JMOM +0.31 points	0.38%	0.07%
Palo Alto Networks IncPANW	JMOM +0.30 points	1.01%	0.71%
Datadog Inc Common StockDDOG	VFMO +0.30 points	0.44%	0.74%
Astera Labs Inc CommonALAB	JMOM +0.28 points	0.28%	<0.01%
Nucor Corp Common StockNUE	JMOM +0.27 points	0.38%	0.11%
Ford Motor Co CommonF	JMOM +0.27 points	0.29%	0.02%
State Street Corp CommonSTT	JMOM +0.26 points	0.30%	0.04%
Marriott InternationalMAR	JMOM +0.26 points	0.45%	0.19%
Western Digital CorpWDC	VFMO +0.25 points	0.50%	0.75%
Natera Inc Common StockNTRA	JMOM +0.25 points	0.41%	0.16%
Principal Financial GroupPFG	JMOM +0.24 points	0.26%	0.02%
Northern Trust CorpNTRS	JMOM +0.24 points	0.27%	0.03%
Ross Stores Inc CommonROST	VFMO +0.23 points	0.40%	0.63%
Marvell Technology IncMRVL	VFMO +0.23 points	0.64%	0.87%
Hilton Worldwide HoldingsHLT	JMOM +0.23 points	0.41%	0.18%
Exelixis Inc Common StockEXEL	JMOM +0.22 points	0.29%	0.07%
Fedex Corp Common StockFDX	VFMO +0.23 points	0.38%	0.61%
Caterpillar Inc CommonCAT	JMOM +0.22 points	0.86%	0.64%
Interactive BrokersIBKR	JMOM +0.22 points	0.26%	0.04%
Affiliated ManagersAMG	JMOM +0.22 points	0.24%	0.02%
Quest Diagnostics IncDGX	JMOM +0.21 points	0.29%	0.08%
Corning Inc Common StockGLW	VFMO +0.20 points	0.43%	0.63%
Sandisk Corp CommonSNDK	VFMO +0.21 points	0.58%	0.79%
Southern Copper CorpSCCO	VFMO +0.20 points	0.23%	0.43%
Millicom InternationalTIGO	VFMO +0.20 points	0.19%	0.39%
Vertiv Holdings CoVRT	VFMO +0.19 points	0.38%	0.57%
Citizens Financial GroupCFG	JMOM +0.19 points	0.26%	0.07%
On Semiconductor CorpON	JMOM +0.19 points	0.28%	0.09%
Bank of New York MellonBNY	VFMO +0.19 points	0.45%	0.64%
Steel Dynamics IncSTLD	JMOM +0.19 points	0.31%	0.12%
Maplebear Inc CommonCART	JMOM +0.18 points	0.25%	0.07%
Monolithic Power SystemsMPWR	JMOM +0.18 points	0.36%	0.18%
Darling Ingredients IncDAR	VFMO +0.17 points	0.08%	0.25%
General Motors Co CommonGM	JMOM +0.17 points	0.41%	0.24%
Mks Inc Common Stock USDMKSI	VFMO +0.17 points	0.07%	0.24%
Amkor Technology IncAMKR	JMOM +0.17 points	0.19%	0.02%
Ciena Corp Common StockCIEN	JMOM +0.17 points	0.33%	0.16%
Lam Research Corp CommonLRCX	JMOM +0.17 points	0.96%	0.79%
Hf Sinclair Corp CommonDINO	VFMO +0.16 points	0.17%	0.33%
Howmet Aerospace IncHWM	VFMO +0.16 points	0.32%	0.48%
Formfactor Inc CommonFORM	VFMO +0.14 points	0.14%	0.28%
Us Foods Holding CorpUSFD	JMOM +0.14 points	0.23%	0.09%
Crowdstrike Holdings IncCRWD	JMOM +0.14 points	0.91%	0.77%
Tenet Healthcare CorpTHC	JMOM +0.14 points	0.27%	0.13%
Ralph Lauren Corp CommonRL	JMOM +0.14 points	0.21%	0.07%
Anglogold Ashanti PLCAU	JMOM +0.15 points	0.18%	0.03%
Exxonmobil Holdings CorpXOM	JMOM +0.14 points	0.72%	0.58%
Lumentum Holdings IncLITE	JMOM +0.13 points	0.37%	0.24%
Aramark Common Stock USDARMK	JMOM +0.14 points	0.24%	0.10%
Jabil Inc Common StockJBL	JMOM +0.13 points	0.26%	0.13%
Hewlett PackardHPE	JMOM +0.12 points	0.41%	0.29%
Ge Vernova Inc CommonGEV	JMOM +0.12 points	0.78%	0.66%
Applied Materials IncAMAT	JMOM +0.12 points	1.00%	0.88%
Sitime Corp Common StockSITM	VFMO +0.12 points	0.18%	0.30%
Targa Resources CorpTRGP	JMOM +0.12 points	0.37%	0.25%
Archer-Daniels-MidlandADM	JMOM +0.11 points	0.21%	0.10%
Quanta Services IncPWR	VFMO +0.11 points	0.43%	0.54%
Coherent Corp CommonCOHR	JMOM +0.11 points	0.26%	0.15%
Sharkninja Inc CommonSN	JMOM +0.11 points	0.30%	0.19%
Ringcentral Inc CommonRNG	JMOM +0.11 points	0.25%	0.14%
Digitalocean HoldingsDOCN	VFMO +0.10 points	0.19%	0.29%
Credo Technology GroupCRDO	JMOM +0.10 points	0.25%	0.15%
Td Synnex Corp CommonSNX	JMOM +0.11 points	0.24%	0.13%
Macy's Inc Common StockM	JMOM +0.11 points	0.24%	0.13%
Sanmina Corp CommonSANM	VFMO +0.09 points	0.16%	0.25%
Arrow Electronics IncARW	JMOM +0.09 points	0.23%	0.14%
Travelers Cos Inc/TheTRV	VFMO +0.09 points	0.40%	0.49%
Timken Co/The CommonTKR	VFMO +0.09 points	0.03%	0.12%
Comfort Systems Usa IncFIX	JMOM +0.09 points	0.25%	0.16%
Msg Knickerbockers CorpMSGS	VFMO +0.08 points	0.18%	0.26%
Avnet Inc Common StockAVT	JMOM +0.08 points	0.22%	0.14%
Okta Inc Common StockOKTA	JMOM +0.08 points	0.35%	0.27%
Penske Automotive GroupPAG	VFMO +0.07 points	0.11%	0.18%
Twilio Inc Common StockTWLO	JMOM +0.07 points	0.26%	0.19%
Woodward Inc CommonWWD	JMOM +0.07 points	0.17%	0.10%
Viking Holdings LtdVIK	JMOM +0.07 points	0.21%	0.14%
Kla Corp Common Stock USDKLAC	VFMO +0.07 points	0.73%	0.80%
The Coca-Cola CompanyKO	VFMO +0.07 points	0.09%	0.16%

All 288 JMOM holdings⁠All 638 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.

JMOM vs VFMO Cost

Overpaying VFMO vs JMOM

$206

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

JMOM 0.12%
$2,520
VFMO 0.13%
$2,726

Amount$10,000

Years30 years

Cost over time

JMOM 0.12%
VFMO 0.13%
Overpaying

Year by year

Year	JMOM	VFMO	Overpaying
10	$220	$238	$18
20	$859	$930	$71
30	$2,520	$2,726	$206

Expense ratio

0.12%JMOM, cheaper
0.13%VFMO

JMOM0.12%VFMO0.13%

0.12%3.53%

Middle half of US Active Momentum funds
Median 0.64%

JMOM cheapest of 20 funds

VFMO 2nd cheapest of 20 funds

JMOM vs VFMO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JMOM 0.78%, better; VFMO 0.62%
Payout (12M): JMOM $0.62; VFMO $1.36
Last payment: JMOM $0.18; VFMO $0.31
Ex-dividend: JMOM Sep 22, 2026; VFMO Sep 23, 2026
Paid on: JMOM Sep 24, 2026; VFMO Sep 25, 2026
Frequency: JMOM Quarterly; VFMO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

JMOMQuarterly · 36 paymentsAll JMOM payments⁠

VFMOQuarterly · 34 paymentsAll VFMO payments⁠

JMOM vs VFMO Risk

Fall from peak · 5 years

JMOM
VFMO

Risk facts

VolatilityStd dev, 3 years: JMOM 15.1%, betterVFMO 19.6%
Return per unit of riskSharpe ratio, 3 years: JMOM 1.37, betterVFMO 1.12
Worst fallMax drawdown, 5 years: JMOM −28.3%VFMO −25.8%, better
Market sensitivityBeta, 5 years: JMOM 1.07VFMO 1.32; Market = 1

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