VFMO

Vanguard U.S. Momentum Factor ETF

The Fund seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor.


US

EQUITY

Active

MANAGEMENT STYLE

948.7 M

ASSETS UNDER MGMT

13 bp

EXPENSES
Fund Basics
Fund sponsorVanguard
CategoryUS
Asset classEquity
Websitelink...
Inception dateFeb 13, 2018
Assets (mns)$949
Expense ratio13 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionProprietary
WeightingProprietary
Holdings TransparencyDelayed
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
PALANTIR TECHNOLOGIES INC. CLASS A 1.2 %
BOSTON SCIENTIFIC CORP 1.0 %
AT&T INC 0.9 %
SPOTIFY TECHNOLOGY SA 0.9 %
GE AEROSPACE 0.9 %
3M CO 0.9 %
BANK OF NEW YORK MELLON CORP 0.8 %
WILLIAMS COS INC 0.8 %
PROGRESSIVE CORP 0.8 %
NETFLIX INC 0.8 %
Constituent Breakdown
Number of holdings696
Herfindahl-Hirschman Index 44
Wgt avg mkt cap (mns)$96,148
Large cap (>$10bn)58.1%
Mid cap ($2-10bn)25.6%
Small cap (<$2bn)15.7%
Developed mkts.99.8%
Emerging mkts.0.2%
Country Exposure
UNITED STATES 84.8 %
IRELAND 1.7 %
LUXEMBOURG 1.0 %
Historical Performance


Standardized Performance (as of 02/28/2025)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 0.6% 13.4% 20.3% 11.6% 16.6% -- 12.4%
Volatility 21.4% 19.7% 18.6% 20.3% 25.2% -- --
Market Correlations
versus...BetaR-squared
S&P 5001.1081%
MSCI EAFE0.8853%
MSCI Emg Mkts0.5723%
Liquidity Measures
Avg. volume (000)46
Turnover0.7%
Avg. Bid/Ask (% of price)0.21%
ADV of underlying (mns)$99,211
Technical Indicators
Recent close$152.28
30d moving avg.$159.25
Annualized volatility21.0%
Relative strength (RSI)41
Short interest (ETF)0.4%
Short interest (underlying)7.3%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: VFMO vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.7 20.1 2.7 1.4% --
Based on closing prices from 4/1/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
VFMO



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

ALTAR Score™

VFMO

3.0%

Cat. Avg

5.9%


ALTAR Score™ Calculation

Category Overview
There are 947 funds in the US Equity category, with an average ALTAR Score™ of 5.9% and a standard deviation of 2.7%. VFMO's ALTAR Score™ is approximately 1.1 standard deviations below the category average. This places VFMO in the 14th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

VFMO
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Active
US Equity ETFs
# of ETFs 308
Avg. Expense Ratio 67.1 bp
Std. Deviation 37 bp
VFMO (13 bp) Percentile rank 8
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
VFMO 13.0 21.2 34.2
Peer Avg. 46.6 19.0 65.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .