Vanguard U.S. Momentum Factor ETF

Frequently Asked Questions About VFMO

What does VFMO invest in?

Employing a systematic, quantitative framework, the advisor identifies U.S. equities exhibiting robust recent performance. The fund's holdings form a broadly diversified portfolio, spanning various market capitalizations (large, mid, and small), sectors, and industry groups. Its primary objective is to achieve significant long-term capital appreciation. Generally, a minimum of 80% of the fund's assets are allocated to securities issued by U.S. companies. The fund specifically defines its 'Momentum' factor based on total returns over the periods of month T-12 to T-1 and month T-7 to T-1, in addition to the intercept value from a one-year regression comparing individual stock returns to their regional benchmark.

What is the expense ratio of VFMO?

Vanguard U.S. Momentum Factor ETF (VFMO) charges an expense ratio of 0.13%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VFMO?

Vanguard U.S. Momentum Factor ETF (VFMO) manages $1.90B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is VFMO actively managed or an index fund?

VFMO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VFMO launched?

Vanguard U.S. Momentum Factor ETF (VFMO) launched in February 2018 and is managed by Vanguard.

How has VFMO performed?

VFMO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.