Vanguard U.S. Value Factor ETF

Frequently Asked Questions About VFVA

What does VFVA invest in?

The fund's manager employs a systematic, data-driven approach to evaluate U.S. common stocks, specifically targeting those with comparatively low market valuations when assessed against their underlying financial fundamentals. Its holdings are broadly diversified, encompassing companies of varying market capitalizations—large, mid, and small—as well as numerous economic sectors and distinct industry groups. The primary objective is to achieve long-term capital appreciation. Typically, a minimum of 80% of the fund's assets will be invested in securities issued by American companies. This "Value factor" is precisely measured using criteria such as book value-to-price ratio, forward earnings-to-price ratio, and (for non-financial entities only) operating cash flows-to-price ratio.

What is the expense ratio of VFVA?

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

How big is VFVA?

Vanguard U.S. Value Factor ETF (VFVA) manages $845.2M 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 VFVA actively managed or an index fund?

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

When was VFVA launched?

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

How has VFVA performed?

VFVA'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.