VFMO — Vanguard U.S. Momentum Factor ETF ETF Shares
US Quality / Factor Ranked #127 of 458 tracked ETFs · Issued by Vanguard
VFMO Price Performance — Growth of $10,000
Value of a $10,000 investment in VFMO over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
VFMO Drawdown
The "underwater" chart: VFMO's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in VFMO?
See what a lump sum in VFMO would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Vanguard U.S. Momentum Factor ETF (VFMO) operates within the US Quality / Factor category, which ETFValuer currently tracks with 16 distinct funds. Issued by Vanguard, this fund has accumulated assets under management of $1.96 billion while trading at a price of $227.89 per share. It holds an overall rank of #127 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 68.9 out of 100. The fund charges an expense ratio of 0.13% and offers a dividend yield of 0.56%. The combination of a substantial asset base and a mid-tier ranking suggests a moderate level of investor adoption relative to the broader market. Its position as a factor-focused vehicle aligns with the specific investment style of the US Quality / Factor segment.
Recent price action shows a decline of 2.06% over the last day and a marginal drop of 0.06% over the past week. The fund experienced a sharper pullback of 4.80% over the last month before recovering to post gains of 3.44% over three months. Momentum accelerated significantly over the next six months with a return of 9.22%, contributing to a year-to-date gain of 17.43%. The one-year return reached 29.78%, while the three-year period delivered a cumulative return of 86.48%. This trajectory indicates a pattern where short-term volatility was followed by sustained growth over longer horizons. The data reflects a divergence between recent monthly weakness and strong multi-year performance.
VFMO carries a High volatility label and a beta of 1.32, indicating that the fund tends to move more aggressively than the broader market. A Sharpe ratio of 1.06 suggests that the returns generated have been substantial relative to the amount of risk taken. However, the fund has experienced a maximum drawdown of -24.40%, highlighting the potential for significant temporary losses during market downturns. This combination of high beta and deep drawdowns implies that the fund amplifies market movements in both directions. Investors may face periods of elevated price swings while benefiting from the fund's ability to generate strong returns during favorable conditions.
AI-generated summary based on the data on this page.
VFMO Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 1.46% | $20M |
| 2 | Newmont Corp | 1.21% | $17M |
| 3 | Lam Research Corp | 1.14% | $16M |
| 4 | GE Vernova Inc | 1.10% | $15M |
| 5 | KLA Corp | 1.03% | $14M |
| 6 | Johnson & Johnson | 1.00% | $14M |
| 7 | Micron Technology Inc | 1.00% | $14M |
| 8 | Amphenol Corp | 0.98% | $14M |
| 9 | General Motors Co | 0.97% | $14M |
| 10 | Howmet Aerospace Inc | 0.95% | $13M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 10.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VFMO's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With VFMO
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VFMO's top 10 — RDVY overlaps most, holding 3 of the same companies as VFMO's top 10 (3.3% of VFMO's assets).
| ETF | Name | Shared Companies | VFMO Weight | Examples |
|---|---|---|---|---|
| RDVY | First Trust Rising Dividend Achievers ETF | 3 | 3.3% | Lam Research Corp, GE Vernova Inc, KLA Corp |
| SOXQ | Invesco PHLX Semiconductor ETF | 3 | 3.2% | Micron Technology Inc, Lam Research Corp, KLA Corp |
| PSI | Invesco Semiconductors ETF | 3 | 3.2% | Micron Technology Inc, KLA Corp, Lam Research Corp |
| SCHV | Schwab U.S. Large-Cap Value ETF | 3 | 3.1% | Micron Technology Inc, Johnson & Johnson, Lam Research Corp |
| MTUM | iShares MSCI USA Momentum Factor ETF | 3 | 3.1% | Micron Technology Inc, Johnson & Johnson, Lam Research Corp |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What VFMO's Fees Cost You
VFMO charges an expense ratio of 0.13% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
VFMO Dividend Income Estimator
VFMO currently yields 0.56%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
VFMO Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.09% and average daily volume is 70K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.96B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: VFMO is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
VFMO Performance History
| Period | Return |
|---|---|
| 1-Day | -2.06% |
| 1-Week | -0.06% |
| 1-Month | -4.80% |
| 3-Month | +3.44% |
| 6-Month | +9.22% |
| YTD | +17.43% |
| 1-Year | +29.78% |
| 3-Year | +86.48% |
How VFMO Compares to Other US Quality / Factor ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #8 | B+ |
VLUE | iShares MSCI USA Value Factor ETF | +70.30% | 0.15% | $10.6B |
| #41 | B+ |
DYNF | iShares U.S. Equity Factor Rotation Active ETF | +21.35% | 0.26% | $38.0B |
| #44 | B+ |
SPMO | Invesco S&P 500 Momentum ETF | +29.19% | 0.13% | $22.2B |
| #72 | B |
MTUM | iShares MSCI USA Momentum Factor ETF | +28.38% | 0.15% | $29.0B |
| #82 | B |
QUAL | iShares MSCI USA Quality Factor ETF | +17.51% | 0.15% | $45.9B |
| #87 | B |
SPHQ | Invesco S&P 500 Quality ETF | +18.42% | 0.15% | $20.4B |
| #127 | B |
VFMO | Vanguard U.S. Momentum Factor ETF ETF Shares | +29.78% | 0.13% | $1.96B |
| #130 | B |
VFVA | Vanguard U.S. Value Factor ETF Shares | +27.12% | 0.13% | $845M |
| #175 | C |
LRGF | iShares U.S. Equity Factor ETF | +15.80% | 0.08% | $3.51B |
| #193 | C |
EFAV | iShares MSCI EAFE Min Vol Factor ETF | +10.91% | 0.2% | $5.08B |
| #223 | C |
EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | +15.22% | 0.25% | $3.65B |
| #229 | C |
USMV | iShares MSCI USA Min Vol Factor ETF | +4.76% | 0.15% | $23.0B |
| #255 | C |
SPLV | Invesco S&P 500 Low Volatility ETF | +7.40% | 0.25% | $7.06B |
| #274 | C |
COWZ | Pacer US Cash Cows 100 ETF | +15.35% | 0.49% | $17.6B |
| #284 | C |
VFQY | Vanguard U.S. Quality Factor ETF Shares | +16.72% | 0.13% | $474M |
| #294 | C |
ACWV | iShares MSCI Global Min Vol Factor ETF | +4.84% | 0.2% | $3.24B |