QMOM vs VFMO: Grades, Fees and Holdings Compared

Alpha Architect U.S. Quantitative Momentum ETF

QMOMANasdaq

Vanguard U.S. Momentum Factor ETF

VFMOACboe

Overlap

16.4%by weight

Expense ratio

VFMO −0.15pt a year

QMOM0.28%VFMO0.13%

Avg volume · 30D

VFMO 2.9×the volume

QMOM20.3KVFMO58.8K

5Y return · a year

VFMO +3.6pt

QMOM+7.2%VFMO+10.8%

QMOM vs VFMO Performance

Oct 29, 2021 – Oct 30, 2026

+41.5%QMOM+66.8%VFMO

Expense ratio: QMOM 0.28%; VFMO 0.13%, better
Fund size: QMOM $418M; VFMO $1.9B
1Y total return: QMOM +6.0%; VFMO +11.2%, better
Yield (12M): QMOM 0.50%; VFMO 0.62%, better
Holdings: QMOM 66; VFMO 700
Avg volume (30D): QMOM 20.3K sh; VFMO 58.8K sh, better
NAV per share: QMOM $71.22; VFMO $217.36
52W range

ETF.net Grade

Pillar letters and Scores for QMOM, VFMO, with each pillar’s weight
Pillar	QMOM	VFMO
Cost30% weight	A86	A95Higher
Mission25% weight	Not scored	D39
Risk15% weight	D38	C51Higher
Tradability15% weight	A78Higher	B62
Holdings10% weight	A77	A89Higher
Durability5% weight	A88	A93Higher

Rank among US Active Momentum funds

How we build Categories ›

Same Category. QMOM 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 QMOM 4th 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
Rank 5BFMTMMarketDesk Focused U.S. Momentum ETFScore 66

Our read on each fund

ETF.net Research

QMOMAAlpha Architect U.S. Quantitative Momentum ETF

VFMOAVanguard U.S. Momentum Factor ETF

In short

QMOM Momentum, undiluted. Where most factor funds spread the bet across hundreds of names, QMOM concentrates on roughly 50 of the strongest-trending U.S. stocks, with a quality screen layered on top.

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

QMOM QMOM seeks long-term capital appreciation by maintaining consistent exposure to the strongest-momentum stocks in the U.S. market.

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

QMOM At 0.28% a year, it costs well under the typical fee in its systematic momentum peer group.
About 50 holdings, not hundreds: a concentrated take on U.S. momentum, with a quality screen applied alongside the trend ranking.alphaarchitect.com
Live since 2015, so the strategy has a decade-plus public record, and it ranks in the upper half of its momentum cohort.

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

QMOM Concentration cuts both ways. With about 50 names, results can swing well away from the broad market and from diversified momentum funds.
It trades thinly next to giants like MTUM and SPMO, so spreads can run wider, especially in fast markets.
Cheap for a quant-run fund, but broad index momentum peers such as JMOM (0.12%) and VFMO (0.13%) are cheaper still.

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 QMOM profile⁠

Full VFMO profile⁠

QMOM vs VFMO Holdings

How QMOM and VFMO differ

Overlap by weight

16.4%

Shared holdings make up 97.0% of QMOM and 18.6% of VFMO.

Level by level

Holdings62 in both16.4%
Sector11 Sectors80.2%
Countryby domicile97.9%
Asset classEquity100%

Sector

Sector weights in QMOM and VFMO, widest gap first
Sector	More in QMOMMore in VFMO	QMOM	VFMO
Energy	QMOM +8.1 points	20.3%	12.2%
Health Care	QMOM +6.4 points	25.3%	18.9%
Financials	VFMO +5.6 points	0.0%	5.5%
Technology	VFMO +5.4 points	22.4%	27.8%
Industrials	VFMO +5.2 points	14.0%	19.2%
Consumer Discretionary	VFMO +3.6 points	2.0%	5.6%
Materials	QMOM +3.0 points	8.0%	5.0%
Consumer Staples	QMOM +1.9 points	4.0%	2.1%
Communication	QMOM +0.3 points	3.9%	3.6%
Utilities	VFMO +0.1 points	0.0%	0.1%
Real Estate	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in QMOM and VFMO, widest gap first
Country	More in QMOMMore in VFMO	QMOM	VFMO
United States	VFMO +2.1 points	97.9%	100.0%
United Kingdom	QMOM +2.1 points	2.1%	0.0%

Concentration

Weight in the 10 largest Holdings

QMOM24.0%
VFMO9.7%

Securities held

QMOM66
VFMO698

Asset class

QMOM: Equity
VFMO: Equity

Holdings

Only in QMOM4
In both62
Only in VFMO636

Only in QMOM

4 securities, 3.0% of QMOM by weight

Cheesecake Factory Inc/The2.15%
MSG Rangers Corp0.53%
First American Government Obligations Fund 12/01/20310.29%
MasTec Inc0.02%

Only in VFMO

636 securities, 81.3% of VFMO by weight

SLBBH11421.24%
Advanced Micro Devices Inc1.07%
Intel Corp0.95%
Micron Technology Inc0.88%
Applied Materials Inc0.88%
Marvell Technology Inc0.87%
KLA Corp0.80%
Lam Research Corp0.79%
Sandisk Corp0.79%
Western Digital Corp0.75%
Datadog Inc0.74%
Johnson & Johnson0.73%
GE Vernova Inc0.66%
EOG Resources Inc0.66%
Bank of New York Mellon Corp/The0.64%
Ross Stores Inc0.63%
Corning Inc0.63%
Moderna Inc0.60%
ExxonMobil Holdings Corp0.58%
Vertiv Holdings Co0.57%
CSX Corp0.57%
CVS Health Corp0.56%
Quanta Services Inc0.54%
Monster Beverage Corp0.53%
Eli Lilly & Co0.52%
Travelers Cos Inc/The0.49%
Cisco Systems Inc0.49%
Howmet Aerospace Inc0.48%
Texas Instruments Inc0.47%
SLB Ltd0.46%
Apple Inc0.45%
Analog Devices Inc0.45%
Snowflake Inc0.43%
Amgen Inc0.43%
Airbnb Inc0.43%
Union Pacific Corp0.41%
Cloudflare Inc0.40%
Williams Cos Inc/The0.40%
Iovance Biotherapeutics Inc0.31%
ImmunityBio Inc0.30%
SiTime Corp0.30%
Allstate Corp/The0.29%
DigitalOcean Holdings Inc0.29%
Illumina Inc0.29%
Morgan Stanley0.29%
Delta Air Lines Inc0.29%
FormFactor Inc0.28%
Viasat Inc0.28%
TG Therapeutics Inc0.28%
10X Genomics Inc0.27%

Weight gaps

All 62 Holdings in both funds, largest gap first.

Holding weights in QMOM and VFMO, widest gap first
Holding	More in QMOMMore in VFMO	QMOM	VFMO
Transocean LtdRIG	QMOM +2.47 points	2.68%	0.21%
Hinge Health IncHNGE	QMOM +2.37 points	2.45%	0.08%
Charles River Laboratories International IncCRL	QMOM +2.34 points	2.47%	0.13%
Permian Resources CorpPR	QMOM +2.25 points	2.46%	0.21%
Nucor CorpNUE	QMOM +2.23 points	2.34%	0.11%
Steel Dynamics IncSTLD	QMOM +2.15 points	2.27%	0.12%
Spyre Therapeutics IncSYRE	QMOM +2.15 points	2.33%	0.18%
RingCentral IncRNG	QMOM +2.11 points	2.25%	0.14%
Royalty Pharma PLCRPRX	QMOM +2.10 points	2.34%	0.24%
Targa Resources CorpTRGP	QMOM +2.05 points	2.30%	0.25%
Centene CorpCNC	QMOM +2.02 points	2.25%	0.23%
Viatris IncVTRS	QMOM +1.99 points	2.16%	0.17%
Delek US Holdings IncDK	QMOM +1.98 points	2.15%	0.17%
PBF Energy IncPBF	QMOM +1.94 points	2.11%	0.17%
Target CorpTGT	QMOM +1.90 points	1.97%	0.07%
HF Sinclair CorpDINO	QMOM +1.88 points	2.21%	0.33%
Natera IncNTRA	QMOM +1.86 points	2.02%	0.16%
Guardant Health IncGH	QMOM +1.82 points	2.06%	0.24%
TechnipFMC PLCFTI	QMOM +1.77 points	2.03%	0.26%
Roivant Sciences LtdROIV	QMOM +1.74 points	2.08%	0.34%
Arrow Electronics IncARW	QMOM +1.71 points	1.85%	0.14%
JB Hunt Transport Services IncJBHT	QMOM +1.71 points	1.97%	0.26%
Anglogold Ashanti PlcAU	QMOM +1.68 points	1.71%	0.03%
Jazz Pharmaceuticals PLCJAZZ	QMOM +1.66 points	1.91%	0.25%
Darling Ingredients IncDAR	QMOM +1.63 points	1.88%	0.25%
Revolution Medicines IncRVMD	QMOM +1.60 points	1.92%	0.32%
Keysight Technologies IncKEYS	QMOM +1.59 points	1.75%	0.16%
FedEx CorpFDX	QMOM +1.58 points	2.19%	0.61%
ATI IncATI	QMOM +1.56 points	1.80%	0.24%
Powell Industries IncPOWL	QMOM +1.56 points	1.69%	0.13%
Hewlett Packard Enterprise CoHPE	QMOM +1.55 points	1.84%	0.29%
MACOM Technology Solutions Holdings IncMTSI	QMOM +1.50 points	1.68%	0.18%
Millicom International Cellular SATIGO	QMOM +1.38 points	1.77%	0.39%
Southern Copper CorpSCCO	QMOM +1.35 points	1.78%	0.43%
Phillips 66PSX	QMOM +1.33 points	2.25%	0.92%
Comfort Systems USA IncFIX	QMOM +1.33 points	1.49%	0.16%
Carpenter Technology CorpCRS	QMOM +1.33 points	1.48%	0.15%
Marathon Petroleum CorpMPC	QMOM +1.32 points	2.31%	0.99%
Merck & Co IncMRK	QMOM +1.31 points	2.02%	0.71%
Liquidia CorpLQDA	QMOM +1.26 points	1.31%	0.05%
MSG Knickerbockers CorpMSGS	QMOM +1.25 points	1.51%	0.26%
Sanmina CorpSANM	QMOM +1.25 points	1.50%	0.25%
Twilio IncTWLO	QMOM +1.24 points	1.43%	0.19%
Palo Alto Networks IncPANW	QMOM +1.22 points	1.93%	0.71%
Crowdstrike Holdings IncCRWD	QMOM +1.19 points	1.96%	0.77%
Valero Energy CorpVLO	QMOM +1.16 points	2.10%	0.94%
Caterpillar IncCAT	QMOM +0.90 points	1.54%	0.64%
Dell Technologies IncDELL	QMOM +0.66 points	1.60%	0.94%
Fortinet IncFTNT	QMOM +0.66 points	1.57%	0.91%
Murphy USA IncMUSA	VFMO +0.26 points	0.03%	0.29%
Viavi Solutions IncVIAV	VFMO +0.25 points	0.02%	0.27%
Krystal Biotech IncKRYS	VFMO +0.22 points	0.03%	0.25%
BrightSpring Health Services IncBTSG	VFMO +0.19 points	0.03%	0.22%
Victoria's Secret & CoVSXY	VFMO +0.17 points	0.03%	0.20%
Arrowhead Pharmaceuticals IncARWR	VFMO +0.17 points	0.02%	0.19%
Corcept Therapeutics IncCORT	VFMO +0.15 points	0.02%	0.17%
Littelfuse IncLFUS	VFMO +0.15 points	0.03%	0.17%
Casey's General Stores IncCASY	VFMO +0.15 points	0.02%	0.17%
Praxis Precision Medicines IncPRAX	VFMO +0.15 points	0.02%	0.17%
Argan IncAGX	VFMO +0.12 points	0.02%	0.14%
TD SYNNEX CorpSNX	VFMO +0.10 points	0.03%	0.13%
Kodiak Gas Services IncKGS	VFMO +0.09 points	0.02%	0.11%

All 52 QMOM 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.

QMOM vs VFMO Cost

Overpaying QMOM vs VFMO

$3,029

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

QMOM 0.28%
$5,755
VFMO 0.13%
$2,726

Amount$10,000

Years30 years

Cost over time

QMOM 0.28%
VFMO 0.13%
Overpaying

Year by year

Year	QMOM	VFMO	Overpaying
10	$509	$238	$271
20	$1,976	$930	$1,046
30	$5,755	$2,726	$3,029

Expense ratio

0.28%QMOM
0.13%VFMO, cheaper

VFMO0.13%QMOM0.28%

0.12%3.53%

Middle half of US Active Momentum funds
Median 0.64%

VFMO 2nd cheapest of 20 funds

QMOM 4th cheapest of 20 funds

QMOM vs VFMO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): QMOM 0.50%; VFMO 0.62%, better
Payout (12M): QMOM $0.35; VFMO $1.36
Last payment: QMOM $0.35; VFMO $0.31
Ex-dividend: QMOM Dec 23, 2025; VFMO Sep 23, 2026
Paid on: QMOM Dec 24, 2025; VFMO Sep 25, 2026
Frequency: QMOM Annual; VFMO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QMOMAnnual · 10 paymentsAll QMOM payments⁠

VFMOQuarterly · 34 paymentsAll VFMO payments⁠

QMOM vs VFMO Risk

Fall from peak · 5 years

QMOM
VFMO

Risk facts

VolatilityStd dev, 3 years: QMOM 20.0%VFMO 19.6%, better
Return per unit of riskSharpe ratio, 3 years: QMOM 0.84VFMO 1.12, better
Worst fallMax drawdown, 5 years: QMOM −26.8%VFMO −25.8%, better
Market sensitivityBeta, 5 years: QMOM 1.32VFMO 1.32; Market = 1

Popular comparisons

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